Splunk (SPLK) Tops Q2 EPS by 2c, Offers Guidance

Splunk (NASDAQ: SPLK) reported Q2 EPS of $0.08, $0.02 better than the analyst estimate of $0.06. Revenue for the quarter came in at $280 million versus the consensus estimate of $268.51 million.

GUIDANCE:

Splunk sees Q3 2018 revenue of $307-309 million, versus the consensus of $307 million.

• Non-GAAP operating margin is expected to be approximately 8%

Splunk sees FY2018 revenue of $1.121-1.215 billion.

• Total billings are expected to be approximately $1.450 billion (was approximately $1.425 billion per prior guidance provided on May 25, 2017).
• Total revenues are expected to be between $1.210 and $1.215 billion (was approximately $1.195 billion per prior guidance provided on May 25, 2017).
• Non-GAAP operating margin is expected to be approximately 8% (unchanged from prior guidance).

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

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