Splunk Q3 EPS $0.55 Up From $(0.20) YoY, Sales $1.07B Up From $929.77M YoY
Portfolio Pulse from Benzinga Newsdesk
Splunk (NASDAQ:SPLK) reported a significant increase in Q3 earnings to $0.55 per share, up from a loss of $(0.20) per share YoY. Sales also rose to $1.07B, a 14.80% increase from $929.77M YoY.
November 28, 2023 | 9:08 pm
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Splunk reported a 375% increase in Q3 EPS to $0.55, up from a $(0.20) loss per share YoY, and a 14.80% rise in sales to $1.07B from $929.77M YoY.
The substantial increase in both earnings per share and sales indicates strong financial performance and growth, which is likely to be viewed positively by investors. This positive earnings report could lead to increased investor confidence and a potential rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100