Splunk Investors Fear Slowing Growth, Modest Guidance

By | May 30, 2014

Scalper1 News

Splunk (SPLK), despite continued fast growth, is falling out of favor with investors. Splunk stock plunged 18% in midday trading in the stock market today, though Splunk late Thursday reported Q1 earnings that exceeded views. For the quarter ended April 30, the maker of data-analytics software posted revenue of $85.9 million, up 50% from the year-earlier quarter and far above the $80.7 million consensus analyst estimate. For this fiscal year, it Scalper1 News

Scalper1 News