Qlik, Informatica raise revenue outlooks, shares jump

By Sayantani Ghosh (Reuters) – Informatica Corp and Qlik Technologies Inc reported better-than-expected quarterly revenue and the business software makers raised their full-year revenue forecasts as enterprises spent more on integrating and analyzing data. The companies’ shares rose in extended trading. While tech spending has been weak and traditional software companies have suffered, companies that make software to manage, process and analyze data have found favor as customers look to mine data for real time answers to their problems, boosting efficiency and cutting costs. …

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Qlik, Informatica raise revenue outlooks, shares jump

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