Software maker Splunk posts bigger loss as expenses mount
Feb 27 (Reuters) - Data analytics software maker Splunk Inc reported a bigger fourth-quarter loss as costs nearly doubled.
Splunk's shares fell 3.6 percent after the bell on Thursday.
The company's net loss increased to $32.6 million, or 30 cents per share, from $6.2 million, or 6 cents per share, a year earlier.
Revenue jumped 53 percent to $99.9 million in the quarter ended Jan. 31.
Operating expenses rose 88 percent to $121.2 million.
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