Splunk stock rallies on earnings beat, acquisition

Splunk Inc.

shares rallied in the extended session Wednesday after the cybersecurity company topped Wall Street estimates for the quarter and announced a big acquisition. Splunk shares rose 6.2% after hours, following a 1.4% rise in the regular session to close at $128.46. The company reported a second-quarter loss of $100.9 million, or 67 cents a share, compared with a loss of $103.5 million, or 71 cents a share, in the year-ago period. Adjusted earnings were 30 cents a share. Revenue rose to $516.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Target, Lowe's earnings push Wall Street higherU.S. stocks rose broadly on Wednesday following upbeat retail earnings from Lowe... so that American Family Association boycott of Target just isnt having the effect they had hoped lol
La source: Reuters - 🏆 2. / 97 Lire la suite »

Baidu earnings beat estimates on strong video streaming growthChina search engine operator Baidu Inc reported better-than-expected quarterly r...
La source: Reuters - 🏆 2. / 97 Lire la suite »