#splk

Splunk (SPLK) to report Q4 earnings after the bell

Splunk Inc. (SPLK) will be publishing financial results for the fourth quarter of 2020 today after the closing bell. The software maker is expected to report earnings of $0.96 per share for the quarter, up 3% from last year. Revenues are seen growing 26% annually to $783.19 million.

In the third quarter, earnings and revenue increased and exceeded market’s estimates aided by a double digit…

Splunk (SPLK) to announce Q3 2020 earnings results after the bell

Splunk Inc. (NASDAQ: SPLK) is set to report its third-quarter 2020 earnings results after the market close. Analysts expect the data analytics firm’s earnings to be $0.54 per share on revenue of $604.12 million for the recently ended quarter. Splunk stock is down about 1% in the final hour of the regular trading session. (Check this space for Splunk’s live earnings updates)

For the second…

Splunk (SPLK) likely to report upbeat Q3 earnings on Thursday

Splunk Inc. (NASDAQ: SPLK) will report its third-quarter 2020 earnings results on Thursday after the market closes. The results will be benefited from its transition to the subscription-based cloud model as well as the strong demand for its software.

The future lies in data and Splunk’s strategy is simple and powerful to bring data to everything. Data has a greater opportunity for Splunk that…

Motley Fool: Splunk Inc (SPLK) Q2 2020 Earnings Call Transcript

Image source: The Motley Fool.

Splunk Inc (NASDAQ:SPLK) Q2 2020 Earnings Call Aug 21, 2019, 4:30 p.m. ET

Contents:

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good day, ladies and gentlemen, and welcome to the Splunk Inc. Second Quarter 2020 Financial Results Conference call. At this time, all participants are in a listen-only mode. Later we will conduct…

Splunk to post Q2 2020 earnings after the closing bell

Software company Splunk (NASDAQ: SPLK) will second-quarter 2020 financial results at 4 PM ET. Check out this space for the live earnings updates.

The San Francisco, California-based big data firm to expected to post a profit of 12 cents per share in the second quarter, on revenues of $488.35 million, up 25.8% year-over-year.

Image courtesy: Splunk on Twitter

During the last earnings…

Splunk to report Q2 earnings next week

Software company Splunk (NASDAQ: SPLK) is slated to report second-quarter 2020 financial results on August 21, Wednesday, after the regular trading hours.

During the last earnings announcement, the company had posted better-than-expected resultsand had raised its full-year guidance, on strong demand for its software that helps firms analyze internal data. Splunk will be hoping to pull off a…

The age of “hyperconnectivity” has made data a new commodity for consumer-focused businesses. The proliferation of smartphones, wearables, artificial intelligence, and internet of things (IOT) is placing a premium on data analytics to reveal important insights about consumer trends. “Big data” has become a strategic imperative for many businesses looking to make sense of machine-generated data. And there are numbers to back it up. According to research from Statista, big data spend eclipsed $43 billion in 2018 – a figure expected to reach $103 billion in just eight years. Anytime you hear about a company offering “business intelligence” or “data analytics” services, there’s a pretty good chance they’re involved in big data.    Splunk Inc. (NASDAQ: SPLK) has quickly emerged as one of the most recognizable names in the big data industry. The company develops specialized software for searching, monitoring, and analyzing machine-generated data through an accessible web-style interface. The software helps businesses address their IT, security and customer service needs and can be deployed on-premise or through the cloud. For investors, Splunk’s value metrics, stock performance, and earnings history reveal a budding company with tremendous upside in an industry that is expected to explode many times over.    

SPLK: By the Numbers

Splunk’s third-quarter earnings report was business as usual for the San Francisco-based company. It reported adjusted earnings of $0.38 per share, well above forecasts of $0.32. Its revenue surged 40% year-over-year to $481 million, beating the consensus estimate of $433.3 million. That was the 27th consecutive quarter the company exceeded its guidance. Fourth-quarter results, which were released Thursday, were nothing short of spectacular. Splunk reported adjusted earnings of $0.93 on revenue of $622 million. That’s a year-over-year gain of 35% and well above the consensus forecast calling for adjusted earnings of $0.76 per share on revenue of $562.5 million. Annual revenues have continued to grow for each quarter stretching all the way back to 2011. The company also raised guidance for fiscal 2020 and now expects sales to reach $2.2 billion for the year.

Source: Macrotrends.net The company onboarded more than 500 enterprise clients in the third quarter, chief among them being Jabil, Norfolk Southern, Softbank (Japan) and Australia’s Department of Homeland Affairs. By 2017, Splunk had more than 13,000 customers, including 90 of the Fortune 100 companies.  Splunk employs more than 4,000 workers across various locations around the world, including the Middle East, Asia, Australia, and Africa — all this despite being only 15 years old as a corporation.  

Treading the Floods

You may be thinking, so what? Technology stocks routinely outperform their counterparts during bull markets. Well, a comparison of SPLK against some of its peers and the Nasdaq Composite Index as a whole reveals market-beating returns across virtually every time frame. The following chart compares SPLK’s performance against the Nasdaq Composite Index over the past two years. Splunk has not only outperformed the Nasdaq during the latest recovery but has returned a whopping 128% in the last two years compared with 28% for the Nasdaq.

Source: Yahoo Finance SPLK has also outperformed many of its technology and big data peers over the past two years. The following chart compares Splunk’s share price against emerging big data players like Talend (NASDAQ: TLND), Cloudera (NASDAQ: CLDR), and e-commerce juggernaut Amazon (NASDAQ: AMZN), where you can see Splunk has even surpassed Amazon’s 92% growth.