- Splunk (NASDAQ:SPLK) +6% AH after Q2 results beat expectations, though its loss widened on sharply higher stock-based compensation expenses.
- Issues in-line guidance for Q3, seeing revenues of $69M-$71M vs. $69.5M analyst consensus; issues upside guidance for FY 2014, seeing revenues of $275M-$281M vs. $275M consensus.
- Revenue jumped 50% to $66.9M, above its estimate of $61M-$63M; license revenue rose 43% while maintenance and services revenue jumped 66%.
- SPLK has never posted a quarterly profit, though its customer base is growing; it signed more than 400 new enterprise customers in Q2, ending with a total of more than 6,000 customers worldwide.