Splunk (SPLK) Tops Q3 EPS by 4c, Boosts Outlook

November 29, 2016 4:04 PM EST
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(Updated - November 29, 2016 4:20 PM EST)

Splunk (NASDAQ: SPLK) reported Q3 EPS of $0.12, $0.04 better than the analyst estimate of $0.08. Revenues rose 40% to $245 million, versus the consensus of $230.36 million.

GUIDANCE:

Splunk sees Q4 2017 revenue of $286-288 million, versus the consensus of $285.1 million.

Sees FY17 revenues of $930-$32 million versus prior of $910-$914 million, versus the consensus of $914.4 million.

“Our market opportunity is tremendous,” said Doug Merritt, President and CEO. “Splunk provides the market leading platform that powers Operational Intelligence to enable customers to cost effectively get value from machine data. We want to make it easier to collect and analyze even larger volumes and varieties of data to help our customers gain more insights and value from Splunk solutions. Our passionate customers and their innovations with the Splunk platform are at the core of our success.”

For earnings history and earnings-related data on Splunk (SPLK) click here.



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