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HomeBusinessSplunk stock jumps 13 percent on Strong Q2 Beat

Splunk stock jumps 13 percent on Strong Q2 Beat

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Shares of Splunk (NASDAQ:SPLK) surged more than 13% intra-day today following the company’s impressive Q2 performance, surpassing revenue and profit expectations.
During the quarter, the company reported adjusted earnings per share of 71 cents, accompanied by revenue amounting to $910.59 million. This exceeded analysts’ projections, who had anticipated adjusted earnings of 46 cents per share on revenue totaling $889.29 million.
Looking ahead, Splunk anticipates third-quarter revenue to be within the range of $1.020 billion to $1.035 billion. For the full year, the company expects revenue to range from $3.925 billion to $3.950 billion.

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