Splunk shares leap 14% as earnings smash estimates
Big-data services provider Splunk Inc., based in San Francisco, saw its shares jump nearly 14 percent in after-hours tradingThursdayafter delighting Wall Street with fiscal third-quarter earnings that beat analysts’ targets. The company also issued better-than-expected guidance for the coming quarter. Splunk is one of the leaders in big-data software, used by companies to analyze and gain insights from the massive volumes of data they accumulate.(SiliconANGLE)
Big-data services provider Splunk Inc., based in San Francisco, saw its shares jump nearly 14 percent in after-hours tradingThursdayafter delighting Wall Street with fiscal third-quarter earnings that beat analysts’ targets. The company also issued better-than-expected guidance for the coming quarter. Splunk is one of the leaders in big-data software, used by companies to analyze and gain insights from the massive volumes of data they accumulate.(SiliconANGLE)