Splunk Inc. Announces Fiscal First Quarter 2019 Financial Results

Splunk (SPLK) PT Raised to $133 at UBS

May 25, 2018 8:40 AM EDT

UBS raised its price target on Splunk (NASDAQ: SPLK) to $133.00 (from $114.00) while maintaining a Buy rating.

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Splunk (SPLK) PT Raised to $130 at Deutsche Bank; Revenues Strong While Billings Miss

May 25, 2018 8:30 AM EDT

Deutsche Bank raised its price target on Splunk (NASDAQ: SPLK) to $130.00 (from $115.00) while maintaining a Buy rating.

Analyst Karl Keirstead commented, "Splunk posted what we conclude was another good print, although with the stock up sharply YTD buy-side expectations were also much higher.... More

Splunk (SPLK) PT Raised to $145 at Monness, Crespi, Hardt; Strong Performance in Weakest Quarter

May 25, 2018 7:44 AM EDT

Monness, Crespi, Hardt raised its price target on Splunk (NASDAQ: SPLK) to $145.00 (from $132.00) while maintaining a Buy rating.

Analyst Brian White commented, "Splunk reported strong 1QFY19 results and the company raised its revenue outlook for FY19. The April quarter is... More

Splunk (SPLK) PT Raised to $128 at BofA/Merrill Lynch Following 1Q

May 25, 2018 7:25 AM EDT

BofA/Merrill Lynch raised its price target on Splunk (NASDAQ: SPLK) to $128.00 (from $124.00) while maintaining a Buy rating following 1Q results. SPLK reported strong revenues ahead of the street by $14mn. EPS beat the street's estimates by $0.02.

The results were in-line with the... More

Splunk (SPLK) PT Raised to $132 at Susquehanna

May 25, 2018 7:00 AM EDT

Susquehanna raised its price target on Splunk (NASDAQ: SPLK) to $132.00 (from $110.00) while maintaining a Positive rating.

Analyst Anne Meisner commented, "Splunk reported a strong 1Q19 characterized by significant license revenue upside and better than expected guidance. Q1 was the first quarter of... More

Splunk (SPLK) Tops Q1 EPS by 2c, Beats on Revenues; Boosts FY Revenue Outlook Above Consensus

May 24, 2018 4:05 PM EDT

Splunk (NASDAQ: SPLK) reported Q1 EPS of ($0.07), $0.02 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $311.6 million versus the consensus estimate of $297.67 million.

First Quarter 2019 Financial Highlights

Total revenues were $311.6 million, up 37% year-over-year.Software revenues were $172.5 million, up 43% year-over-year.GAAP operating loss was $121.5 million; GAAP operating margin was negative 39.0%.Non-GAAP operating loss was $14.7 million; non-GAAP operating margin was negative... More