Splunk (SPLK) reported earnings on Thu 23 Aug 18 (a/h)

** charts before earnings **

 

** 2 days later  **

Splunk beats by $0.03, beats on revs; guides Q3 revs above consensus; guides FY19 revs above consensus 

• Reports Q2 (Jul) earnings of $0.08 per share, excluding non-recurring items, $0.03 better than the S&P Capital IQ Consensus of $0.05; revenues rose 38.6% year/year to $388.3 mln vs the $358.46 mln S&P Capital IQ Consensus.
  • Non-GAAP operating margin was 2.9% (Guidance was 2%).
• Co issues upside guidance for Q3, sees Q3 revs of $430-432 mln vs. $427.54 mln S&P Capital IQ Consensus.
  • Non-GAAP operating margin is expected to be approximately 13%.
• Co issues upside guidance for FY19, sees FY19 revs of ~$1.685 bln (Prior $1.645 bln) vs. $1.65 bln S&P Capital IQ Consensus.
  • Non-GAAP operating margin is expected to be approximately 11.5% (unchanged from prior guidance).