Splunk Inc. Announces Fiscal Second Quarter 2019 Financial Results

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Splunk (SPLK) PT Raised to $135 at Piper Jaffray Following 2Q

August 24, 2018 7:07 AM EDT

Piper Jaffray analyst Alex Zukin raised the price target on Splunk (NASDAQ: SPLK) to $135.00 (from $130.00) while maintaining a Overweight rating following the company's 2Q earnings release. 2Q was headlined by Total Revenue growth of +39%, License growth of +36% and Cloud growth of +90%. Billings growth of... More

Splunk (SPLK) Tops Q2 EPS by 3c, Revenues Beat; Boosts FY19 Revenue Outlook Above Consensus

August 23, 2018 4:05 PM EDT

Splunk (NASDAQ: SPLK) reported Q2 EPS of $0.08, $0.03 better than the analyst estimate of $0.05. Revenue for the quarter came in at $388.3 million versus the consensus estimate of $358.51 million.

Total revenues were $388.3 million, up 39% year-over-year.Software revenues were $239.7 million, up 43% year-over-year.GAAP operating... More