Shares of data analytics company Splunk (SPLK) are down $1.03, or 3%, at $31.53 in late trading despite the company this afternoon reporting fiscal Q1 revenue and profit that topped consensus, its first report since coming public on April 19th. The revenue outlook was also better than expected.
Revenue in the three months ended in April rose 81%, year over year, to $37.2 million, yielding a net loss of 4 cents a share.
Analysts had been modeling $33.6 million and a 7-cent loss.
For the current quarter, the company sees revenue of $38 million to $40 million, better than the average estimate for $37.6 million.
For the full year, the company sees revenue in a range of $174 million to $177 million, better than the average $168.6 million estimate.
Splunk management will host a�conference call�with analysts at 5 pm, Eastern time, and you can catch the webcast of it here.
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