Splunk Q2 Loss Widens; Issues Q3 Revenue Outlook - Quick Facts

(RTTNews) - Splunk Inc. (SPLK), Thursday said second-quarter net loss was $60.8 million or $0.51 per share, wider than $13.7 million or $0.13 per share in the comparable quarter last year.

Non-GAAP net income for the latest second-quarter was $1.2 million or $0.01 per share, compared to net loss of $1.2 million or $0.01 per share in the previous year quarter. On average, 28 analysts polled by Thomson Reuters expected the company to report a loss of $0.02 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues were $101.55 million, up 52 percent from $66.87 million last year, while 26 analysts expected revenues of $93.93 million.

Looking ahead to the third quarter, the company expects revenue to be between $105 million and $107 million. Analysts expect revenue of $104.31 million.

For fiscal 2015, the company raised its revenue to a range of $423 million to $428 million from its prior range of $402 million to $410 million. Analysts currently expect revenue of $411.59 million.