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Qlik (QLIK -14.1%) has fallen to 2-year lows in the wake of its Q3 miss. Though Q4 revenue...
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Friday, October 26, 2012, 12:24 PM ETQlik (QLIK -14.1%) has fallen to 2-year lows in the wake of its Q3 miss. Though Q4 revenue guidance of $125M-$130M is in-line with a $127.5M consensus, EPS guidance of $0.22-$0.24 is below a $0.29 consensus. During its earnings call, Qlik noted European sales (54% of revenue) were up 10% Y/Y, but added Americas revenue is being pressured by longer sales cycles. Big data peers are lower: TIBX -2.8%. TDC -2.1%. SPLK -3.2%. MSTR -2%. Informatica (INFA -0.9%) is also off, reversing yesterday's post-earnings gains (I, II).
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