Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Splunk Stock Dropped Today

TheMotleyFool

0 0

Shares of Splunk (NASDAQ: SPLK) were down 8.4% as of 3:15 p.m. EDT Thursday despite another exceptional quarterly report from the operational-intelligence platform leader.

Splunk said late Wednesday that its fiscal second-quarter revenue soared 33% year over year to $516.6 million, translating to adjusted earnings of $46.6 million, or $0.30 per share. By comparison, Splunk's guidance called for lower revenue of $485 million, and most analysts were looking for significantly lower earnings of $0.12 per share.

Image source: Getty Images.

Source Fool.com

Like: 0

SPLK

Share