Qlik Technologies Inc. Q4 Income Falls 2%

(RTTNews) - Qlik Technologies Inc. (QLIK) released a profit for fourth quarter that dropped from last year.

The company said its profit came in at $29.05 million, or $0.31 per share. This was lower than $29.61 million, or $0.32 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.38 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 12.4% to $205.47 million. This was up from $182.78 million last year.

Qlik Technologies Inc. earnings at a glance:

-Earnings (Q4): $29.05 Mln. vs. $29.61 Mln. last year. -Earnings Decline (Y-o-Y): -1.9% -EPS (Q4): $0.31 vs. $0.32 last year. -EPS Decline (Y-o-Y): -3.1% -Analysts Estimate: $0.38 -Revenue (Q4): $205.47 Mln vs. $182.78 Mln last year. -Revenue Change (Y-o-Y): 12.4%

-Guidance: Full year EPS guidance: $0.41 - $0.44 Full year revenue guidance: $695 - $705 Mln