Jefferies Reiterates Buy Rating and $81 PT on Splunk (SPLK); Strong Q Results, Weak Guidance
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Splunk Inc. Announces Fiscal Fourth Quarter and Full Year 2017 Financial Results
February 23, 2017 4:02 PM ESTFull Year Revenues Grew 42%; Added Nearly 2,200 New Customers
SAN FRANCISCO--(BUSINESS WIRE)-- Splunk Inc. (NASDAQ: SPLK), provider of the leading software platform for real-time Operational Intelligence, today announced results for its fiscal fourth quarter and full year ended January 31, 2017.
Fourth Quarter 2017 Financial Highlights
Total revenues were $306.5 million, up 39% year-over-year. License revenues were $190.5 million, up 35% year-over-year. GAAP operating... More