Splunk shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Splunk reported better-than-expected Q1 financial results and issued Q2 revenue guidance above estimates, leading to a rise in its share price.
May 25, 2023 | 12:27 pm
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Splunk's better-than-expected Q1 results and strong Q2 revenue guidance have led to an increase in its share price.
Splunk's better-than-expected Q1 financial results and higher Q2 revenue guidance indicate strong performance and growth potential, which positively impacts investor sentiment and drives the share price up in the short term.
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