Published February 25, 2016 4:11pm EST | Updated February 25, 2016 6:04pm EST

Splunk Shares Rally More Than 10% After Earnings Beat, Outlook

Splunk Inc. shares rallied in the extended session Thursday after the machine-data software company topped Wall Street estimates on earnings and outlook. Splunk shares jumped 12% to $43.02 after hours. The company reported adjusted fourth-quarter earnings of 11 cents a share on revenue of $220 million. Analysts surveyed by FactSet had forecast 8 cents a share on revenue of $202.9 million. Splunk sees first-quarter revenue of $172 million to $174 million, while analysts expect $170.7 million.