SAN FRANCISCO (AP) _ Splunk Inc. (SPLK) on Wednesday reported a loss of $343.3 million in its fiscal third quarter.
On a per-share basis, the San Francisco-based company said it had a loss of $2.14. Losses, adjusted for stock option expense and non-recurring costs, were 37 cents per share.
The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of 53 cents per share.
The maker of software that helps companies collect and analyze internal data posted revenue of $664.8 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $654 million.
For the current quarter ending in January, Splunk said it expects revenue in the range of $740 million to $790 million. Analysts surveyed by Zacks had expected revenue of $826.6 million.
The company expects full-year revenue in the range of $2.51 billion to $2.56 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPLK at https://www.zacks.com/ap/SPLK
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