Increased spending pushed Qlik Technology, which markets analytical software, to a loss. The company reported red ink of $14.4 million for the third quarter ended September 30, a swing from earnings of just under $3 million a year ago. Revenue for the most recently ended period was $131.3 million, an increase of 26 percent from $104.1 million. However, operating expenses for the quarter hit $121.9 million, a rise of 31.7 percent from $92.6 million a year ago.
A mobile app for Sage One has been released by Sage North America. Designed for users of the Sage One Accounting Standard edition, the app enables users to create and send invoices and record payments. It is available for iPhone users in the United States with versions for other platforms coming soon. Sage One Accounting Standard is priced at $14 per month; Sage One Invoicing is $9 per month with the mobile app available to those users at no cost. Sage gets credit for creativity on broken links.
Infinitely Virtual, a Los Angeles, Calif.-based VAR has been named a Premier Reseller by Intuit. The company says it can now resell, implement and support the complete product line, which includes -- QuickBooks Enterprise, QuickBooks Pro, QuickBooks Premier, QuickBooks Point of Sale and QuickBooks Accountant. The company is led by CEO Adam Stern.
Blackbaud capitalized on a sharp drop in taxes to hike spending and still achieve a 10.5-percent increase in earnings for the third quarter ended September 30. The company reported earnings of $10.4 million, up from $9.4 million in last year's corresponding period. Revenue for the most recently ended quarter was $144.7 million, an increase of 7.3 percent from $127.9 million a year ago. CEO Michael Gianoni was pleased with sales.