FMP
May 25, 2023 5:09 PM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
Image credit: FMP
Splunk (NASDAQ:SPLK) reported its Q1 earnings yesterday, with an EPS of $0.18 coming in better than the Street estimate of ($0.14). Revenue was $752 million, above the Street estimate of $722.99 million.
The strong quarterly results were driven by consistent execution as the focus remains on profitable growth. For Q2/24, the company anticipates revenue to be in the range of $880-$895 million, compared to the Street estimate of $868 million.
Despite near-term macro uncertainty, analysts at RBC Capital believe the company's R&D and GTM investments as well as overall operational improvements position them well to re-accelerate ARR growth as the economy recovers.
Nov 22, 2024 5:08 AM - Parth Sanghvi
Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...
Dec 17, 2024 8:58 AM - Sanzhi Kobzhan
Tesla, one of the world’s most talked-about electric vehicle manufacturers, attracts a lot of attention from investors and market watchers. By examining a snapshot of Tesla’s financial ratios—such as those provided by FinancialModelingPrep’s Ratios API—we can get a clearer picture of the company’s f...
Dec 22, 2024 7:59 AM - Sanzhi Kobzhan
When it comes to cutting-edge software and data analytics, Palantir Technologies (NYSE: PLTR) is often front and center. But for many investors, it’s important to consider alternative or complementary stocks in the same sector that may offer robust growth potential. As PLTR looks expensive (overvalu...