Splunk Crushes Estimates, Raises Guidance

Splunk Crushes Estimates, Raises Guidance

Splunk Inc. (NASDAQ: SPLK) released stellar fiscal third-quarter 2018 results on Thursday after the market closed, exceeding its guidance for the 12th straight quarter as the world begins to realize the value in making sense of its growing mounds of unstructured machine data. If that wasn't enough, Splunk once again increased its outlook for the full year, and offered an encouraging view of what's to come in fiscal 2019.

With shares up more than 13% in after-hours trading as of this writing, let's dig deeper to see what Splunk accomplished over the past few months.

IMAGE SOURCE: SPLUNK.

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Source: Fool.com