Splunk Hits High For Seventh Straight Day; Q4 Mixed

By | February 28, 2014

Scalper1 News

Young Big Data company Splunk (SPLK) stayed hot Friday, despite a mixed financial report late Thursday, with Splunk stock rising to a new high for the seventh straight trading day. The company’s bottom line for its fiscal Q4 ended Jan. 31 missed analyst estimates, as did its revenue guidance for the current quarter, as IBD reported. But Q4 revenue beat, rising 53% from the year-earlier quarter to $99.9 million. And analysts stayed upbeat on the Scalper1 News

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