Splunk (SPLK) Tops Q4 EPS by 3c
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February 26, 2016 9:11 AM EST
Piper Jaffray analyst, Katherine Eggbert, thinks that Splunk's (NASDAQ: SPLK) better than expected results and strong underlying metrics should provide fundamental and valuation support for the stock.
Splunk seems very well positioned and continues to distance itself from visualization tool vendors. The company's growing product portfolio, increasing variety of use cases, sales... More
February 26, 2016 7:29 AM EST
Oppenheimer analyst, Shaul Eyal, believes that despite market turmoil, Splunk (NASDAQ: SPLK) will continue to deliver strong revenue growth, reflecting the healthy demand for the capabilities enabled by its products. No change to Outperform rating or $80 PT.
Splunk beat consensus revenue and EPS, posting $0.11/$220M (revenue +49% y/y) vs. consensus $0.08/$203M. Ending FY16 on a strong note, Splunk signed more than 600 new enterprise customers. SPLK presented solid 1Q17... More
