Qlik Technologies (QLIK +3.7%) warns it expects Q2 revenue of $84M-$86M and EPS of $0.01-$0.02,...


Qlik Technologies (QLIK +3.7%) warns it expects Q2 revenue of $84M-$86M and EPS of $0.01-$0.02, below a consensus of $93.6M and $0.03. Qlik, which has heavy European exposure, blames the continent's weak demand and weaker currency for the shortfall. Shares of the business intelligence software vendors are nonetheless rallying, after having plunged to new 52-week lows on Friday due to Informatica's warning.

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