Splunk ($SPLK) reported its Q4 earnings with an adjusted EPS of $3.43, surpassing the estimated $1.95, and sales of $1.49B, exceeding the expected $1.28B. Meanwhile, Virgin Galactic ($SPCE) faced challenges as it fell short of Wall Street's sales expectations, leading to a drop in its stock value despite narrowing losses. The space tourism company aims to control costs and adjust its launch schedule while developing a new spaceplane.
Virgin Galactic narrows losses, but the space-tourism stock still drops https://t.co/JpzDvDrATO
Virgin Galactic narrows losses, but the space-tourism stock drops https://t.co/QJZXWIkbDM
Virgin Galactic fell short of Wall Street’s sales expectations as the space tourism company works to rein in costs and slow its launch schedule while developing a new spaceplane https://t.co/KXSFnE9PHZ
Virgin Galactic Q4 Earnings Highlights: Revenue Miss, EPS Beat, Q1 Guidance, Spaceship Update And More $SPCE https://t.co/q6aFRi3B4q via @Benzinga
$SPLK | Splunk Q4 Earnings: - Adj EPS $3.43 (Est. $1.95) 🟢 - Sales $1.49B (Est. $1.28B) 🟢 https://t.co/ECfrpvcsWs