Splunk Inc. Announces Fiscal First Quarter 2022 Financial Results

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Splunk (SPLK) PT Lowered to $198 at Needham & Company

June 3, 2021 9:35 AM EDT

Needham & Company analyst Jack Andrews lowered the price target on Splunk (NASDAQ: SPLK) to $198.00 (from $265.00) while maintaining a Buy rating.

The analyst commented, "SPLK reported solid 1FY22 results as revenue was ahead of consensus and Cloud ARR maintained its high rate of... More

Splunk (SPLK) Misses Q1 EPS by 21c, Revenue Beats, Offers Guidance

June 2, 2021 4:04 PM EDT

Splunk (NASDAQ: SPLK) reported Q1 EPS of ($0.91), $0.21 worse than the analyst estimate of ($0.70). Revenue for the quarter came in at $502 million versus the consensus estimate of $491.32 million.

GUIDANCE:

Splunk sees Q2 2022 revenue of $550-570 million, versus the consensus of $561.4... More