SPLK. Technical OK. Fundamental not so good..
It has been about a month since the last earnings report for Splunk (SPLK). Shares have added about 25.9% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Splunk due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
Splunk Reports Loss in Q1, Revenues Up Y/Y
Splunk reported first-quarter fiscal 2022 non-GAAP loss of 91 cents per share, which missed the Zacks Consensus Estimate by 26.4% and widened from 56 cents in the year-ago quarter.
Revenues increased 15.7% year over year to $502.1 million and beat the consensus mark by 1.9%.
Will the recent positive trend continue leading up to its next earnings release, or is Splunk due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
Splunk Reports Loss in Q1, Revenues Up Y/Y
Splunk reported first-quarter fiscal 2022 non-GAAP loss of 91 cents per share, which missed the Zacks Consensus Estimate by 26.4% and widened from 56 cents in the year-ago quarter.
Revenues increased 15.7% year over year to $502.1 million and beat the consensus mark by 1.9%.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.