Qlik Q2 Earnings Sparks To Acquisition Speculation

By | July 25, 2014

Scalper1 News

While Qlik Technologies (QLIK) posted Q2 earnings late Thursday that soundly beat analyst estimates, that might not be the only reason why its stock was up 12.5% in midday trading in the stock market today. Larger software firms might be looking to acquire the data analytics software company, which is launching products to compete with rivals Tableau Software (DATA), Tibco Software (TIBX) and others, says Daniel Ives, an analyst for FBR Capital Scalper1 News

Scalper1 News