Splunk (SPLK) Tops Q3 EPS by 4c, Q4 Revenue Guidance Beats

Splunk (NASDAQ: SPLK) reported Q3 EPS of $0.58, $0.04 better than the analyst estimate of $0.54. Revenue for the quarter came in at $626 million versus the consensus estimate of $604.12 million.

GUIDANCE:

Splunk sees Q4 2020 revenue of $780 million, versus the consensus of $768.4 million.

• Non-GAAP operating margin is expected to be approximately 23%.

The company is updating its previous guidance for its fiscal year 2020 (ending January 31, 2020):

• Total revenues are expected to be approximately $2.35 billion (was approximately $2.30 billion).
• Non-GAAP operating margin is expected to be approximately 14% (unchanged from previous guidance).

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

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