Splunk Inc. Announces Fiscal Second Quarter 2021 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq fall as megacap tech drags; Iran developments watched
- Oil falls 4% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
Citi Upgrades Splunk (SPLK) to Neutral
August 27, 2020 8:26 AM EDTCiti analyst Walter Pritchard upgraded Splunk (NASDAQ: SPLK) from Sell to Neutral with a price target of $234.00 (from $105.00).
The analyst comments "FY23 targets look less aggressive on the back of an uptick in cloud ARR growth, which we see as more sustainable than... More
Splunk (SPLK) Reports In-Line Q2 EPS, Revenues Miss; Offers 3Q Revenue Guidance Below Consensus
August 26, 2020 4:04 PM EDTSplunk (NASDAQ: SPLK) reported Q2 EPS of ($0.33), in-line with the analyst estimate of ($0.33). Revenue for the quarter came in at $492 million versus the consensus estimate of $522.52 million.
Second Quarter 2021 Financial Highlights
Cloud ARR was $568 million, up 89% year-over-year.Total ARR was $1.93 billion, up 50% year-over-year.Cloud revenue was $126 million, up 79% year-over-year.Total revenues were $492 million, down 5% year-over-year.396 customers with ARR greater than $1 million.As organizations... More
