CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Splunk Cloud Revenue soared 81%

13:34 22 May 2020
Splunk (SPLK.US) stocks rose over 6% in pre-market trading after the company posted its first-quarter financial results. Software company reported  an adjusted loss of 56 cents per share on revenue of $434 million. Wall Street expected a loss of 57 cents on revenue of $443.2 million. However investors welcomed the fact that company's cloud-based revenue jumped 81% to $112 million.
"Our shift to a SaaS model is accelerating with cloud driving nearly half of total software bookings in the quarter with (annual recurring revenue) growing 52% year over year," said Chief Financial Officer Jason Child.
Splunk (SPLK.US) shares initially dropped 3%, then reversed. During after-hours trading stocks rose approximately 6%, near $173.22. Source: xStation5
 

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