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Splunk down 6% despite better-than-expected Q2, increased guidance

Aug. 25, 2016 5:06 PM ETSplunk Inc. (SPLK) StockSPLKBy: Eric McCaffrey, SA News Editor9 Comments
  • Splunk (NASDAQ:SPLK) registered 43.5% Y/Y revenue ($212.8M) growth, 32% Y/Y license revenue ($115.7M) growth, operating income of $8.2M, operating margin of 3.9% and operating cash flow of $18.3M.
  • Projects Q3 total revenue of $228M-$230M, operating margin of 5%-6% and FY 2017 total revenue of $910M-$914M (previously $892M-$896M) and operating margin of 5% (unchanged).
  • Splunk is up around 9% on the month, around 18% over the last three and nearly 6% on the year.
  • Conference call
  • Press release

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