Splunk Announces Fiscal Second Quarter 2024 Financial Results

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Go back to Splunk Announces Fiscal Second Quarter 2024 Financial Results

Splunk (SPLK) PT Raised to $145 at Rosenblatt, 'Margins Improving Rapidly'

August 24, 2023 5:54 AM EDT

Rosenblatt analyst Blair Abernethy raised the price target on Splunk (NASDAQ: SPLK) to $145.00 (from $135.00) while maintaining a Buy rating.

The analyst comments "Splunk reported a Q2 revenue beat of ~2%, with operating margins of 16.7%, well above guidance of 10-12% and consensus estimates.... More

Splunk (SPLK) Tops Q2 EPS by 25c; Guides Higher

August 23, 2023 4:07 PM EDT

Splunk (NASDAQ: SPLK) reported Q2 EPS of $0.71, $0.25 better than the analyst estimate of $0.46. Revenue for the quarter came in at $911 million versus the consensus estimate of $889.23 million.

GUIDANCE:

Splunk sees Q3 2024 revenue of $1.02-1.035 billion, versus the consensus of $0.981... More