Splunk Disappoints with Full Year Revenue Guidance; OmniVision Technologies Soars to New Yearly High


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NASDAQ:SPLK / NASDAQ:OVTI
06/02/2014 [ACCESSWIRE]

Splunk, Inc. (NASDAQ: SPLK) shares closed down 16.35% on about 19.3 million shares traded. The stock was a big decliner on the NASDAQ this past Friday and even hit a new yearly low of $41.05. The company revealed guidance for full-year revenue that was in line with analysts' expectation while investors waited for raised guiadance. Splunk’s management expects fiscal 2015 revenue between $402 million and $410 million, just shy of an average $410.9 million estimated by analysts surveyed by Thomson Reuters

Splunk, Inc. provides software solutions that provide real-time operational intelligence in the United States and internationally. It offers Splunk Enterprise, a machine data engine with collection, indexing, search, reporting analysis, and data management capabilities that allows dynamic schema creation on the fly, enabling users to run queries on data without having to understand the structure of the data prior to collection and indexing; and Splunk Cloud service, which delivers the functionalities of Splunk Enterprise as a cloud service, as well as develops and sells apps, such as the Splunk App for Enterprise Security and the Splunk App for VMware.

Get more information on Splunk, Inc. and free access to the in depth equity report at: www.TrendingWallStreet.com/stockquote/SPLK

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OmniVision Technologies, Inc. (NASDAQ: OVTI) shares closed up 11.62% on about 8.8 million shares traded this past Friday. The stock hit a new yearly high of $23.08 during intra-day trading. The big move came after the company’s quarterly results and outlook impressed Wall Street. The company’s net income spiked 70% on a revenue decline of just 1.6%.

OmniVision Technologies, Inc. engages in designing, developing, and marketing semiconductor image-sensor devices worldwide. It offers CameraChip image sensors, which are single-chip solutions that integrate various functions, such as image capture, image processing, color processing, signal conversion, and output of a processed image or video stream for use in various consumer and commercial mass-market applications; and CameraCube imaging devices that are image sensors with integrated wafer-level optics.

Get more information on OmniVision Technologies, Inc. and free access to the in depth equity report at” www.TrendingWallStreet.com/stockquote/OVTI

 

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