QLIKTECH RAMPS UP FOR LAUNCH

Lars Bjork, QlikTechBusiness analytics vendor QlikTech registered a sharp increase in its loss for the second half ended June 30 as the company ramped up for a new product launch. The loss rose to $8.1 million for the most recently ended quarter, compared to just over $2 million a year earlier. That came as spending for hiring and R&D boosted operating expenses by 30.1 percent.

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