Splunk +3.7%; Q3, outlook over expectations

|About: Splunk Inc. (SPLK)|By:, SA News Editor

Results – revenue $245M (+40.5% Y/Y, $14.62M above estimates), EPS $0.12 ($0.04 above estimates), operating income $16.7M, operating margin 6.8%, operating cash flow $45.3M, free cash flow $32.3M

Segment revenues – License $139.725M (vs. $104.164M Y/Y), Maintenance and services $105.064M (vs. 70.256M Y/Y)

Q4 projections – revenue $286M-$288M (consensus $285.09M), operating margin 8%-9%

FY 2017 projections – revenue $930M-$932M ($910M-$914M prior, consensus $914.41M), operating margn 5%-6% (5% prior)

Splunk (NASDAQ:SPLK) president and CEO Doug Merritt: "Our market opportunity is tremendous. Splunk provides the market leading platform that powers Operational Intelligence to enable customers to cost effectively get value from machine data. We want to make it easier to collect and analyze even larger volumes and varieties of data to help our customers gain more insights and value from Splunk solutions. Our passionate customers and their innovations with the Splunk platform are at the core of our success."

Prior quarters overview

Conference call

Press release

8-K

This was corrected on 11/30/2016 at 10:07 AM. The original article stated incorrect revenue ($254M instead of $245M)