Splunk (SPLK) reported earnings on Thur 21 Nov 2019 (a/h)

** charts after earnings **

 

Splunk beats by $0.03, beats on revs; guides Q4 revs above consensus

Reports Q3 (Oct) earnings of $0.58 per share, $0.03 better than the S&P Capital IQ Consensus of $0.55; revenues rose 30.1% year/year to $626 mln vs the $605.2 mln S&P Capital IQ Consensus.

Software revenues were $454 million, up 40% yr/yr.

Operating cash flow was ($135) mln with free cash flow of ($162) mln.

Co issues upside guidance for Q4, sees Q4 revs of $780 mln vs. $767.71 mln S&P Capital IQ Consensus. Non-GAAP operating margin is expected to be approximately 23%.