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Splunk beats forecasts, offers strong guidance, but stock falls on slowdown in new business
Aug. 25, 2022, 1:17 a.m. | Mike Wheatley
Big Data – SiliconANGLE siliconangle.com
Shares of the big-data company Splunk Inc. took a tumble today after it reported a slowdown in its new business pipeline, despite posting better-than-expected second quarter results and boosting its outlook for the fiscal year. The company reported a net loss of $209.7 million for the quarter, down from a $383.9 million loss in the […]
The post Splunk beats forecasts, offers strong guidance, but stock falls on slowdown in new business appeared first on SiliconANGLE.
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