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Sergey Savastiouk's Avatar
published in Blogs
Dec 03, 2020
TickeronGET DAILY SIGNALS

Splunk (SPLK, $165.07) posts Q3 widening loss

Software company Splunk  reported a fiscal-third-quarter loss.

For the quarter ended Oct. 31, Splunk’s loss widened to -$1.26 a share, from the year-ago quarter’s -38 cents a share.

On an adjusted basis, Splunk had a loss of -7 cents a share, compared to analysts’ expectations of loss of -9 cents  share.

Looking ahead, the company is expecting fiscal-fourth-quarter revenue in the range of $650 million to $700 million. Analysts polled by FactSet were expecting $777.9 million.

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a provider of information technology services

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270 Brannan Street
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