Splunk Inc (NASDAQ: SPLK) shares have struggled in the past year, but Bank of America analyst Brad Sills said Thursday that the stock is still a “top pick” heading into next week’s earnings report.
In Q1, Splunk (NASDAQ:SPLK) posted sales of $502.05 million. Earnings were up 402.72%, but Splunk still reported an overall loss of $435.35 million. Splunk collected $745.08 million in revenue during Q4, but reported earnings showed a $86.60 million loss.
Splunk Insights: Return On Capital Employed
In Q1, Splunk (NASDAQ: SPLK) posted sales of $502.05 million. Earnings were up 402.72%, but Splunk still reported an overall loss of $435.35 million. Splunk collected $745.08Splunk Insights: Return On Capital Employed