Business intelligence software firms Microstrategy (MSTR +1%), Qlik (QLIK +2.8%), and Actuate...
Business intelligence software firms Microstrategy (MSTR +1%), Qlik (QLIK +2.8%), and Actuate (BIRT +5.3%) move higher in the wake of machine data analytics leader Splunk's (SPLK +6.2%) FQ4 beat and strong Q1 guidance. Splunk, now close to its post-IPO highs, boasted on its earnings call of adding 400+ customers in FQ4, up from 350+ in FQ3. $100K+ orders totaled 171, up from 125 in FQ3, and included a $20M deal. Management talked up the potential of the security compliance market (25%-30% of bookings), and said it now has 160 customers on its Storm cloud platform.
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