Machine data analytics specialist Splunk reported mixed second quarter earnings, missed on revenue but beat on earnings. In a mirror of last quarter $SPLK traded sharply down initially but bounced after the conference call focused on the successful shift to a SaaS model accelerating with cloud driving.
Splunk Cloud Revenue Driving Machine Learning Earnings
Machine data data analytics specialist Splunk reported mixed first quarter earnings, missed on revenue but beat on earnings. $SPLK traded sharply down initially but bounced after the conference call focused on the successful shift to a SaaS model accelerating with cloud driving.
Machine Learning Firm Splunk Earnings Beat, Raise Guidance
Machine data specialist Splunk reported better than expected hird quarter earnings despite higher costs and expenses. $SPLK raised revenue guidance for 2019 and 202 and guided fourth-quarter revenue higher, the stock rose 8% after the release.