Splunk Quarterly Earnings Smash Estimates

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Splunk ( SPLK ) late Thursday reported quarterly earnings that smashed estimates as the Big Data company raised revenue guidance for the fourth quarter.The San Francisco-based company reported adjusted earnings of 38 cents per share, beating the consensus estimate of 32 cents.Get exclusive IBD analysis and action news daily.Splunk provides software that helps tech managers monitor and analyze vast volumes of data.Software revenue in the quarter rose 49% from the year ago period to $325 million.

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Splunk
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