
Splunk Beats Q4 Earnings Estimates; Virgin Galactic ($SPCE) Falls Short on Sales
Splunk ($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.
Sources
MarketWatchVirgin Galactic narrows losses, but the space-tourism stock still drops https://t.co/JpzDvDrATO
MarketWatchVirgin Galactic narrows losses, but the space-tourism stock drops https://t.co/QJZXWIkbDM
BloombergVirgin 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
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