Splunk: Fiscal Q3 Earnings Snapshot
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Splunk Inc. (SPLK) on Tuesday reported fiscal third-quarter net income of $96.9 million.
On a per-share basis, the San Francisco-based company said it had profit of 55 cents. Earnings, adjusted for one-time gains and costs, came to $1.55 per share.
The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.12 per share.
The maker of software that helps companies collect and analyze internal data posted revenue of $1.07 billion in the period, also exceeding Street forecasts. Fourteen analysts surveyed by Zacks expected $1.03 billion.
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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