Splunk's Q3 strong, Nutanix makes earnings debut, Autodesk cuts outlook

#Splunk delivered a better-than-expected third quarter, while #Autodesk 's outlook disappointed and #Guidewire and #Nutanix had solid results. The company, which provides software that uses big data tools to monitor operations, reported a third-quarter net loss of $93.45 million, or 69 cents a share, on revenue of $244.8 million, up from $174.4 million a year ago. Non-GAAP earnings for the third quarter were 12 cents a share. Wall Street was expecting Splunk to deliver non-GAAP earnings of 8 cents a share on sales of $230 million. Splunk said it added almost 500 enterprise customers. As for the outlook, Splunk projected fourth-quarter revenue between $286 million to $288 million. For the fiscal year ending Jan. 31, Splunk said revenue will be between $930 million and $932 million. Among other tech earnings: Autodesk's transition to a cloud model continues. Autodesk reported a third-quarter net loss of 64 cents a share, or 19 cents a share, on a non-GAAP basis. Sales for the quarter were down 18 percent from a year ago to $490 million. The Autodesk loss was better than the 24 cents a share on sales of $476.8 million projected by Wall Street.

http://www.zdnet.com/article/splunks-q3-strong-nutanix-makes-earnings-debut-autodesk-cuts-outlook/