Splunk Inc. (Nasdaq: SPLK) widened losses for the second quarter to 51 cents per share from 13 cents per share last year but revenue soared to beat analyst expectations and the company forecast current quarter and full year revenue ahead of expectations. The stock price leaped $8.27 to $53.56.
Splunk's revenue tops estimates
August 29, 2014 at 12:57 PM EDT