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SPLK	$45.05	-0.13%

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Splunk jumps as sales surge, beating Street

8/30/12 4:20 PM ET (MarketWatch)

SAN FRANCISCO (MarketWatch) - Shares of Splunk Inc. jumped 12% in after-hours trading on Thursday after the data-analytics company reported a surge in sales that beat Wall Street's expectations. Splunk reported a fiscal second-quarter loss of $4.6 million, or 5 cents a share, compared with a loss of $3.9 million, or 20 cents a share. Revenue was $44.5 million, up from $25.9 million. On an adjusted basis, the company posted a loss of a penny a share. Analysts were expecting a loss of 4 cents a share, on revenue of $39.8 million. For the current quarter, the company said it expects revenue of between $45 million and $47 million. Analysts were expecting $44.6 million, according to data from FactSet.