Shares of Splunk (SPLK) rose more than 2% in after hours trading on Thursday. The company which collects and analyzes data for companies across the globe, announced its third quarter results of its fiscal 2013 after the market close.
Third Quarter Results
Splunk reported third quarter revenues of $52.0 million, up 67% compared to last year. Revenues were driven by a 56% increase in license revenues which came in at $34.6 million. Maintenance revenues almost doubled to $17.5 million. Revenues rose 16.9% on a quarterly basis, and came in ahead of consensus estimates of $46.8 million.
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