Drexel Hamilton Maintains a 'Hold' on Splunk (SPLK); Some Sticking Points, But Not All Roses
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Splunk (SPLK) Pops Higher on Q2 Beat, Raised Outlook
August 30, 2012 4:15 PM EDTSplunk (Nasdaq: SPLK) is killing it in late Thursday trading after reporting solid second-quarter results and boosting its outlook for fiscal 2013.
Splunk reported a loss of 1 cent per share, narrower than views by 3 cents.
Additionally, the company sees fiscal 2013 sales of $183 million... More
Splunk (SPLK) Tops Q2 EPS by 3c; Boosts FY13 Outlook; Guides Q3
August 30, 2012 4:08 PM EDTSplunk (NASDAQ: SPLK) reported Q2 EPS of ($0.01), $0.03 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $44.5 million versus the consensus estimate of $39.84 million.
Splunk sees Q3 2013 revenue of $45-47 million, versus the consensus of $44.66 million. Non-GAAP operating margin is... More