Splunk Revenue Increase With The Growth Of Big Data - HPC ASIA
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Splunk Revenue Increase With The Growth Of Big Data

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Splunk said Q4 earnings per share tripled, while revenue outlook also topped estimates in the latest upbeat report for Big Data firms.

Revenue climbed 48% to $147.4 million, also better than expected. Splunk said it added 600 new customers in Q4.Splunk sees Q1 revenue of $116 million to $118 million. It now sees full-year revenue of $600 million vs. its prior target for $575 million. Both are higher than Wall Street forecasts.

The data analytics firm earned 9 cents a share excluding various items, up from 3 cents a year earlier. Wall Street had expected 4 cents. Including items, Splunk lost 47 cents a share.

Shares of Splunk rose 6.5% to 74.10 in late trading on the stock market today. That would be a 10-month high. The stock ended the regular session up 3.1% to 69.57, a 10-month closing high.

 



  

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