Benzinga | Jun 2, 2021 04:02PM EDT

Splunk Q1 Adj. EPS $(0.91) Misses $(0.70) Estimate, Sales $502.05M Beat $491.32M Estimate

Splunk (NASDAQ:SPLK) reported quarterly losses of $(0.91) per share which missed the analyst consensus estimate of $(0.70) by 30 percent. This is a 62.5 percent decrease over losses of $(0.56) per share from the same period last year. The company reported quarterly sales of $502.05 million which beat the analyst consensus estimate of $491.32 million by 2.18 percent. This is a 15.66 percent increase over sales of $434.08 million the same period last year.