Splunk Inc. (SPLK) posted first-quarter net loss of $16.1 million, or $0.16 per share, narrower than $20.5 million or $0.71 per share in year-ago period.
Excluding items, non-GAAP net loss for the quarter widened to $5.7 million or $0.06 per share from $3.7 million or $0.04 per share in the comparable quarter last year. On average, 18 analysts polled by Thomson Reuters expected the company to lose $0.06 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter rose 54 percent to $57.21 million from $37.19 million last year, while seventeen analysts had a consensus revenue estimate of $54.03 million for the quarter.
Looking forward to the second quarter, the company expects total revenues to be between $61 million and $63 million. Analysts currently expect second quarter revenues of $61.65 million.
For fiscal 2014, the company is updating its previous guidance and expects revenue to be between $266 million and $274 million. Previously, the company expected revenue to be between $260 million and $270 million.
Analysts currently expect revenues of $270.61 million for the fiscal year 2014.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.