After-hours buzz: Salesforce.com, Splunk & more
Check out which companies are making headlines after the bell Thursday:
Salesforce.com posted second-quarter earnings of 9 cents per share excluding items, 2 cents ahead of estimates. Revenue came in at $957 million, also ahead of forecasts for $939.2 million. Guidance was also better than anticipated. The cloud-software firm anticipates earnings of 8 cents to 9 cents per share, above the 7 cents expected, and for revenue to climb 33 percent to 34 percent. The stock surged in after-hours trading.
Big data software firm Splunk posted a loss of a penny per share excluding items on sales of $66.9 million. Wall Street analysts were looking for a loss of 3 cents per share on sales of $63 million. For the third quarter, Splunk forecast revenue of $69 million to $71 million. The stock jumped in late trading.
OmniVision Technologies, which makes semiconductor image-sensor devices, posted earnings of 55 cents per share for its fiscal first quarter, on revenue of $373.7 million. The Street was modeling earnings of 43 cents per share on revenue of $376.6 million for the quarter. OmniVision also forecast earnings of 36 cents to 53 cents per share for the second quarter on revenue of $375 million to $410 million. The stock fell sharply in late trading.
Krispy Kreme Doughnuts missed Street forecasts for the second quarter, sending the shares lower in late trading. The company earned 14 cents per share excluding items, 2 cents below forecasts. Revenue was $112.7 million. The company also reiterated its full-year earnings forecast of 59 cents to 63 cents per share.
Pacific Sunwear reported second-quarter earnings excluding items of 2 cents per share as same-store sales rose 3 percent. Analysts were expecting the company to break-even on a per-share basis in the quarter. For the third quarter, the retailer is anticipating a loss of 4 cents to 9 cents per share, below estimates. The stock tumbled in late trading.