Splunk (SPLK) Reports In-Line Q1 EPS, Raises FY Rev. Guidance

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Splunk (SPLK) Beats Estimates in A Seasonally Weak Quarter - Drexel Hamilton

May 27, 2016 8:38 AM EDT

Drexel Hamilton analyst, Brian White, remains positive on Splunk Splunk (NASDAQ: SPLK) after another quarter of beating estimates and selling off. Splunk reported 1Q:FY17 revenue of $186 million (up 48% YoY) that handily beat our estimate of $176.7 million (Street was at $174.2 million) and a loss per share of $0.02 that met... More

Needham & Company Remains Sidelined on Splunk (SPLK) Following 1Q Revenue Beat and Raise

May 27, 2016 6:42 AM EDT

Needham & Company maintained a Hold rating on Splunk (NASDAQ: SPLK) following the company's 1Q earnings report. SPLK reported revenue of $186m, well above the consensus estimate of $174.1m. A loss per share of ($0.02) was in-line with estimates. Revenue guidance for FY17 was raised once again from $880m on the... More