Splunk Inc. (SPLK) reported that its first-quarter net loss widened to $20.47 million or $0.71 per share, from $2.25 million or $0.12 per share in the same quarter last year. The latest quarter included a $2.7 million in non-cash, stock-based compensation expenses, and a $14.1 million non-cash, non-recurring warrant-related charge.
Non-GAAP net loss for the quarter widened to $3.71 million or $0.04 per share, from $1.26 million or $0.02 per share in last year.
Total revenues for the quarter rose to $37.19 million from $20.64 million in the prior year quarter.
Analysts polled by Thomson Reuters expected the company to report a loss of $0.06 per share on revenues of $34.08 million for the quarter. Analysts' estimates typically exclude special items.
For the second-quarter, the company expects total revenue to be between $38 million and $40 million. Non-GAAP operating margin is expected to be between negative 8% and negative 9%. Analysts expect the company to report revenues of $38.48 million for the second-quarter.
Looking ahead for fiscal year ending January 31, 2013, Total revenue is expected to be between $174 million and $177 million. Non-GAAP operating margin is expected to be between negative 4% and negative 5%. Analysts expect the company to report revenues of $172.34 million for fiscal 2013.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.