Advertisement
Singapore markets closed
  • Straits Times Index

    3,292.93
    -3.96 (-0.12%)
     
  • Nikkei

    38,236.07
    -37.98 (-0.10%)
     
  • Hang Seng

    18,475.92
    +268.79 (+1.48%)
     
  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     
  • Bitcoin USD

    63,206.46
    +3,813.04 (+6.42%)
     
  • CMC Crypto 200

    1,359.39
    +82.41 (+6.45%)
     
  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     
  • Dow

    38,675.68
    +450.02 (+1.18%)
     
  • Nasdaq

    16,156.33
    +315.37 (+1.99%)
     
  • Gold

    2,310.10
    +0.50 (+0.02%)
     
  • Crude Oil

    77.99
    -0.96 (-1.22%)
     
  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     
  • FTSE Bursa Malaysia

    1,589.59
    +9.29 (+0.59%)
     
  • Jakarta Composite Index

    7,134.72
    +17.30 (+0.24%)
     
  • PSE Index

    6,615.55
    -31.00 (-0.47%)
     

Splunk: Fiscal Q4 Earnings Snapshot

SAN FRANCISCO (AP) _ Splunk Inc. (SPLK) on Wednesday reported a loss of $139.5 million in its fiscal fourth quarter.

On a per-share basis, the San Francisco-based company said it had a loss of 86 cents. Earnings, adjusted for one-time gains and costs, were 38 cents per share.

The results beat Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The maker of software that helps companies collect and analyze internal data posted revenue of $745.1 million in the period, also exceeding Street forecasts. Eleven analysts surveyed by Zacks expected $676.4 million.

ADVERTISEMENT

For the year, the company reported that its loss widened to $908 million, or $5.68 per share. Revenue was reported as $2.23 billion.

For the current quarter ending in May, Splunk said it expects revenue in the range of $480 million to $500 million. Analysts surveyed by Zacks had expected revenue of $512.9 million.

Splunk shares have declined 16% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $143.19, a fall of roughly 4% in the last 12 months.

_____

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