Splunk: Fiscal 4Q Earnings Snapshot

SAN FRANCISCO (AP) _ Splunk Inc. (SPLK) on Wednesday reported a fiscal fourth-quarter loss of $22.7 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the San Francisco-based company said it had a loss of 15 cents. Earnings, adjusted for one-time gains and costs, were 96 cents per share.

The results matched Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research was also for earnings of 96 cents per share.

The maker of software that helps companies collect and analyze internal data posted revenue of $791.2 million in the period, beating Street forecasts. Thirteen analysts surveyed by Zacks expected $783.9 million.

For the year, the company reported that its loss widened to $336.7 million, or $2.22 per share. Revenue was reported as $2.36 billion.

For the current quarter ending in May, Splunk said it expects revenue in the range of $450 million. Analysts surveyed by Zacks had expected revenue of $527 million.

The company expects full-year revenue of $2.6 billion.

Splunk shares have increased almost 4% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $155.40, a rise of 21% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPLK at https://www.zacks.com/ap/SPLK