Shares of Splunk Inc. jumped in extended trading Wednesday after the software company reported quarterly results that topped analyst revenue and earnings...
Shares of Splunk Inc. initially jumped nearly 10% in extended trading Wednesday after the software company reported quarterly results that topped analysts’ revenue and earnings estimates.
Splunk SPLK, +1.80% reported a fiscal second-quarter net loss of $63.2 million, or 38 cents a share, compared with a net loss of $209.7 million, or $1.30 a share, in the year-ago quarter. Adjusted earnings were 71 cents a share.
Analysts surveyed by FactSet had expected, on average, net earnings of 46 cents a share on revenue of $889 million. Splunk offered third-quarter revenue guidance of between $1.02 billion and $1.035 billion, topping FactSet analysts’ estimates of $982 million.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
10 Harsh Realities Of Rewatching The Iron Man Trilogy 10 Years After It EndedThe Iron Man trilogy isn't without its issues.
Read more »
Profiling N.J.’s top 10 HS football recruits heading into 2023 season: No. 10, Gabe WinowichA Michigan transplant with nationally elite metrics, Winowich is big, fast, agile, is tough, and runs hard. He could play a number of roles at Rutgers, including running back, safety, linebacker, and/or h-back when the four-star arrives on campus next spring.
Read more »
Splunk's stock jumps 8% on strong quarterly revenue, guidanceShares of Splunk Inc. jumped in extended trading Wednesday after the software company reported quarterly results that topped analyst revenue and earnings...
Read more »
Jim Cramer's top 10 things to watch in the stock market TuesdayWall Street is set to open higher after the Nasdaq had its best day in the rough month of August.
Read more »
Jim Cramer's top 10 things to watch in the stock market WednesdayStocks are set to open slightly higher as investors look forward to Wednesday's after-the-bell earnings from Club name Nvidia.
Read more »
Nvidia's stock soars nearly 10% after hours as AI-chip giant reports record resultsNvidia Corp. shares rallied in the extended session Wednesday after the graphic processing-unit maker leading the AI-hardware charge reported a 141% surge in...
Read more »