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Feb 27, 09:49 PM
Splunk Beats Q4 Earnings Estimates; Virgin Galactic ($SPCE) Falls Short on Sales
Economics
Business

Splunk Beats Q4 Earnings Estimates; Virgin Galactic ($SPCE) Falls Short on Sales

Authors
  • Bloomberg
  • MarketWatch
  • Benzinga
4

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.

Written with ChatGPT (GPT-3).

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