Splunk (SPLK) Tops Q4 EPS by 17c, Revenues Beat; Raises FY19 Revenue Guidance Above Consensus, Q1 Revenue Views Above Estimates
Splunk (NASDAQ: SPLK) reported Q4 EPS of $0.93, $0.17 better than the analyst estimate of $0.76. Revenue for the quarter came in at $622 million versus the consensus estimate of $562.52 million.
- Software revenues were $464 million, up 42% year-over-year.
- Total revenues were $622 million, up 35% year-over-year.
- GAAP operating income was $24.2 million; GAAP operating margin was 3.9%.
- Non-GAAP operating income was $166.4 million; non-GAAP operating margin was 26.8%.
- GAAP income per share was $0.01; non-GAAP income per share was $0.93.
- Operating cash flow was $127.4 million with free cash flow of $119.4 million.
“I’m proud of the team’s exceptional performance which drove strong results this year,” said Doug Merritt, President and CEO, Splunk. “Organizations are competing in a highly complex and constantly changing data landscape. Splunk customers are succeeding because they have access to their data through Splunk’s investigative capabilities and integrated monitoring, analysis and automation. Our customers are also increasingly excited about our new technologies which unlock the value from streaming big data and lower the bar to entry for anyone to create business outcomes with data.”
GUIDANCE:
Splunk sees Q1 2020 revenue of $395 million, versus the consensus of $393.09 million.
Splunk sees FY2020 revenue of $2.2 billion, versus the consensus of $2.16 billion.
For earnings history and earnings-related data on Splunk (SPLK) click here.