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The company reported adjusted earnings per share of 71 cents in the second quarter on revenue of $910.59 million. Analysts expected adjusted profit of 46 cents a share on revenue of $889.29M.
Shares were up 8% in after-hours trading and are up 15% so far this year.
Gary Steele, CEO of Splunk, said: “Through our ongoing focus on accelerating innovation and harnessing AI, we unveiled many important advancements during the quarter to help customers strengthen their overall digital resilience and security posture.”
Splunk sees third-quarter revenue of $1.020 billion to $1.035B versus the expectation of $982.39M. It sees full year revenue of $3.925B to $3.950B, also higher than expected.
The company said total annual recurring revenue rose 16% in the second quarter to $3.858B, beating expectations.
