The Best And Worst Technology Company Stocks In The Third Quarter Of 2017

Splunk

CEO: Doug Merritt

June 30, 2017: $56.89

Sept. 29, 2017: $66.43

Change: +16.77%

Splunk is a fast-growing developer of real-time operational intelligence and machine-learning software used for security, IT performance management, business analytics and other applications.

At Splunk's .conf2017 annual customer and partner conference in September, Splunk debuted new releases of its software including Splunk Enterprise 7.0, Splunk IT Service Intelligence 3.0 and Splunk User Behavior Analytics 4.0 – all with new machine-learning capabilities.

For its fiscal 2018 second quarter (ended July 31) Splunk reported revenue of $280.0 million, up 32 percent from $212.8 million in last year's second quarter. The company's loss was $83.5 million, less than the $86.6 million loss reported one year before.

Read more articles on: