Based on information available as of July 23, 2015, Qlik anticipates total revenue growth of 10% to 11% on a reported basis and 21% to 23% on a constant currency basis for the full year 2015. Qlik is issuing guidance for the third quarter and full year 2015 as follows:
| in millions, except for per share data |
Guidance Range Q3
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Year-Over-Year
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Year-Over-Year Projected
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| Low End | High End | Low End | High End | Low End | High End | ||||||||||||||||||||||
| Total revenue | $ | 140.0 | $ | 144.0 | 7 | % | 10 | % | 18 | % | 21 | % | |||||||||||||||
| Non-GAAP income from operations 2 | $ | 1.0 | $ | 4.0 | |||||||||||||||||||||||
| Non-GAAP income per diluted common share 2,3 | $ | 0.01 | $ | 0.03 | |||||||||||||||||||||||
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Guidance Range Full
|
Year-Over-Year
|
Year-Over-Year Projected
|
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| Low End | High End | Low End | High End | Low End | High End | ||||||||||||||||||||||
| Total revenue | $ | 610.0 | $ | 620.0 | 10 | % | 11 | % | 21 | % | 23 | % | |||||||||||||||
| Non-GAAP income from operations 2 | $ | 43.0 | $ | 47.0 | |||||||||||||||||||||||
| Non-GAAP income per diluted common share 2,3 | $ | 0.30 | $ | 0.33 | |||||||||||||||||||||||
| 1 To determine projected revenue growth rates on a constant currency basis for third quarter and full year 2015, expected revenue from entities reporting in foreign currencies was translated into U.S. dollars using the comparable prior year period's monthly average foreign currency exchange rates. |
| 2 Expectations of non-GAAP income from operations and non-GAAP income per diluted common share exclude stock-based compensation expense, employer payroll taxes on stock transactions, contingent consideration adjustments and amortization of intangible assets. |
| 3 Assumes an estimated long-term effective tax rate of 30% and diluted weighted average shares outstanding of approximately 95 million. |
