Splunk (SPLK) reported earnings Thur 26 May 16 (a/h)

** charts before earnings **

 

** charts after earnings **

 

Splunk reports EPS in-line, beats on revs; guides Q2 revs in-line; guides FY17 revs above consensus :

• Reports Q1 (Apr) loss of $0.02 per share, in-line with the Capital IQ Consensus of ($0.02); revenues rose 48.0% year/year to $186 mln vs the $174.18 mln Capital IQ Consensus.
  • Licensing Revenue was $101 mln, +41% y/y.
  • Co signed approx. 450 customers in the quarter.
• Co issues in-line guidance for Q2, sees Q2 revs of $198-200 mln vs. $198.39 mln Capital IQ Consensus Estimate.
  • Non-GAAP operating margin is expected to be between 2-3%.
• Co issues upside guidance for FY17, sees FY17 revs of $892-896 mln (Prior approx. $880 mln) vs. $882.29 mln Capital IQ Consensus Estimate.
  • Reaffirms Non-GAAP operating margin of approx. 5%.