qlik technologies inc (QLIK) Key Developments
Qlik Introduces Developer Platform for Data Visualization and Analysis
Apr 27 15
Qlik introduced a modern analytics platform to support the development and creation of custom and guided analytics applications, including web mash-ups. The Qlik Analytics Platform is designed specifically for developers to build data-driven apps to power and differentiate their organization with the underlying performance of Qlik. The Qlik Analytics Platform can be used to extend the reach of business intelligence strategies to partners and customers via their extranet and internet sites, fostering greater collaboration and interaction through data. The Qlik Analytics Platform delivers full access to the next-generation QIX Associative Data Indexing Engine that enables users to explore relationships across multiple data sources that would be hidden in hierarchical, query-based data models. The QIX engine leverages an in-memory columnar store delivering high-performance data compression and indexing, which enables more free-form exploration of the data without having to pre-determine the types of questions users may have. The result is not just faster time to create apps, but faster time for users to gain answers and insights. The Qlik Analytics Platform consists of: The QIX Associative Data Indexing Engine; A library of modern mobile-ready Qlik Sense visualizations Open and documented APIs, including mashup and extension APIs; Direct API access to QIX engine; APIs for backend management, governance and security; and An application toolkit to create a data model, build expressions and leverage the Qlik charting engine. Qlik Analytics Platform is part of the Qlik portfolio of visual analytics offerings, which includes: Qlik Analytics Platform: Specifically designed to make it easier for developers to build any data-driven app they can imagine with the underlying performance of Qlik. OEMs and developers can build on the powerful QIX in-memory Associative Indexing Engine, with full capabilities of mashup and extension APIs. With this platform they are not confined to the specific visualization limitations of a tool vendor, but can use this as a toolkit and open platform for whatever they choose to build. Qlik Sense Desktop: Free version of the Qlik next-generation data visualization application that delivers an intuitive drag-and-drop user experience for data visualization, exploration, and storytelling capabilities in a standalone, installed Windows client. Novice users can get started by simply dragging an Excel document right into the app or by tapping into multiple data sources used within the business. Qlik Sense Desktop is free for personal and business use, with no limits on the number of apps that can be created and no restrictions on file sharing. Qlik Sense Enterprise: Qlik Sense Enterprise spans across all business intelligence needs from reporting and self-service visual analysis to guided, embedded and custom analytics. Qlik Sense Enterprise is designed to serve audiences equally without compromise: business users gain the intuitive experience they need, developers gain boundless possibilities for what they can create and IT gains centralized control for management and governance. Qlik Cloud:Qlik continues to build out its Qlik Cloud offerings: Qlik Sense Cloud allows free sharing of applications with up to five people; collaboration is being enhanced with the ability to publicly share interactive charts through Qlik Sense Charts; and Qlik DataMarket enables seamless access to on demand external data sources. Qlik Analytics Platform and its developer-based pricing will be available in June 2015.
Qlik Technologies, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter of 2015; Revised Earnings Guidance for the Full Year of 2015
Apr 23 15
Qlik Technologies, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. Total revenue for the first quarter of 2015 was $120.3 million, an increase of 8% from $111.1 million for the first quarter of 2014. On a constant currency basis, total revenue increased 23% as compared to the first quarter of 2014. Loss from operations was $24.1 million against $23.5 million last year. Loss before provision for income taxes was $22.7 million against $23.8 million last year. GAAP net loss was $30.3 million or $0.33 per basic and diluted common share, compared to $25.9 million or $0.29 per basic and diluted common share, for the first quarter of 2014. Non-GAAP loss from operations was $13.5 million for the first quarter of 2015, compared to non-GAAP loss from operations of $14.5 million for the first quarter of 2014. Non-GAAP net loss was $8.5 million or $0.09 per basic and diluted common share, compared to non-GAAP net loss of $10.4 million, or $0.12 per basic and diluted common share, for the first quarter of 2014. Net cash provided by operating activities was $36.0 million for the first quarter of 2015, as compared to $19.4 million for the first quarter of 2014. Capital expenditures were $3 million against $3.4 million last year.
For the year, the company anticipates expects non-GAAP income from operations in the range of $42.0 million to $46.0 million or $0.32 per diluted share to $0.35 per diluted share. The company is also maintaining full year expectations for non-GAAP operating margins. On a reported basis, total revenue is expected to be impacted by a $15 million FX headwind compared with prior guidance. The resulting total revenue guidance on a reported basis will now be $600 million to $610 million against prior range of $615 million to $625 million, representing 20% to 22% year-over-year growth on a constant currency basis and 8% to 10% growth on a reported basis. The company reiterating an operating margin improvement of approximately 110 to 160 basis points year-over-year on a reported basis.
For the second quarter, the company expects total revenue in the range of $133.0 million to $137.0 million, non-GAAP loss from operations in the range of $2.0 million or $0.02 per diluted share to non-GAAP income from operations of $1.0 million or $0.01 per diluted share. The company anticipates total revenue growth of 1% to 4% on a reported basis and 16% to 20% on a constant currency basis.
Notonthehighstreet.com to Introduce Qlik's QlikView® Across its Entire Business in Order to Gain More Holistic View of Business and Increase the Speed and Ease of Reporting
Apr 22 15
Qlik® announced that notonthehighstreet.com will be introducing QlikView® across its entire business in order to gain a more holistic view of its business and increase the speed and ease of reporting. The online marketplace will also be introducing Qlik® Sense to enable more in-depth data visualizations to help identify potential growth opportunities. By using QlikView, the company will be able to speed up business processes and streamline its increasing reporting needs, making it faster for them to get insight out of the vast amounts of data the site generates. This will also enable them to offer support and advice to partners in a timely fashion. Notonthehighstreet.com will be rolling out QlikView to all employees in the organization and will be used across a variety of functions. In order to arm staff with the ability to answer strategic business questions, they will be using QlikView to develop over eighty dashboards, specifically designed to support individual data requirements. In addition to deploying QlikView, notonthehighstreet has also purchased visualization platform Qlik Sense for its core data team, who will use it for more advanced data analysis on a self-serve basis – enabling them to create easy to understand visualizations and drill further down into datasets to identify potential operational efficiencies, as well as business opportunities.
Qlik Technologies, Inc., Q1 2015 Earnings Call, Apr 23, 2015
Apr 8 15
Qlik Technologies, Inc., Q1 2015 Earnings Call, Apr 23, 2015
Qlik Technologies, Inc. to Report Q1, 2015 Results on Apr 23, 2015
Apr 7 15
Qlik Technologies, Inc. announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on Apr 23, 2015