Splunk Q4 Loss Widens

(RTTNews) - Splunk Inc. (SPLK), Thursday said fourth-quarter net loss was $32.6 million or $0.30 per shar, wider than $6.2 million or $0.06 per share in the comparable quarter last year.

Non-GAAP net income for the latest fourth-quarter was $3.4 million, up from $3.0 million in the prior year period. Earnings were $0.03 per share, same as last year. On average, 27 analysts polled by Thomson Reuters expected the company to earn $0.05 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues were $99.91 million, up 53 percent from $65.23 million last year, while 25 analysts expected revenues of $90.51 million.

Looking ahead to the first quarter, the company expects revenue to be between $78 million and $80 million. Analysts expect revenue of $79.43 million.

For fiscal 2015, the company expects revenue to be approximately $400 million. Analysts currently expect revenue of $396.29 million.