#Splunk revenue software#

The company has topped consensus revenue estimates four times over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.Splunk shares have added about 0.7% since the beginning of the year versus the S&P 500's decline of -9.7%.What's Next for Splunk?While Splunk has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. This compares to year-ago revenues of $745.08 million.

#Splunk revenue software#

A quarter ago, it was expected that this maker of software that helps companies collect and analyze internal data would post a loss of $0.53 per share when it actually produced a loss of $0.37, delivering a surprise of 30.19%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Splunk, which belongs to the Zacks Internet - Software industry, posted revenues of $901.12 million for the quarter ended January 2022, surpassing the Zacks Consensus Estimate by 16.41%.

These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 447.37%. This compares to earnings of $0.38 per share a year ago. Splunk (SPLK) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of a loss of $0.19 per share.