Data analytics firm Splunk's revenue jumps 51 pct, shares rise
Nov 21 (Reuters) - Data analytics software maker Splunk Inc reported a 51 percent rise in revenue for the third quarter as the company added more customers.
Splunk shares rose 11 percent in extended trading.
The company's net loss widened to $16.6 million, or 16 cents per share, in the quarter ended Oct. 31 from $5.5 million, or 6 cents per share, a year earlier.
Excluding items, the company broke even.
Splunk has reported a quarterly profit only once since going public in April last year.
Revenue rose to $78.6 million in the third quarter from $52 million.
Analysts on average had expected a loss of 1 cent per share on revenue of $71.1 million, according to Thomson Reuters I/B/E/S.