Splunk Inc. (SPLK) posted fourth-quarter net loss of $6.2 million, wider than $1.3 million in the year-ago period. Loss per share for the latest fourth quarter was $0.06, same as last year.
Excluding items, non-GAAP net income for the quarter rose to $2.99 million or $0.03 per share from $736 thousand or $0.01 per share in the comparable quarter last year. On average, 18 analysts polled by Thomson Reuters expected the company to lose $0.02 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter rose 51 percent to $65.23 million from $43.20 million last year, while sixteen analysts had a consensus revenue estimate of $60.09 million for the quarter.
Looking forward to the first quarter, the company expects total revenues to be between $52 million and $54 million. Analysts currently expect first quarter revenues to be $51.96 million.
For fiscal 2014, the company expects revenue to be in the range of $260 million to $270 million. Analysts currently expect revenues of $263.17 million for the fiscal year 2014.
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