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Friday Takeaway: Splunk Inc (NASDAQ:SPLK), Cemex SAB de CV (ADR) (NYSE:CX), Goodrich Petroleum Corporation (NYSE:GDP)

Boston, MA 05/30/2014 (wallstreetpr) – Splunk Inc (NASDAQ:SPLK) reported its 1Q2015 that saw the company register encouraging performance in its financial figures and new customer addition. The big data platform provider realized a net loss of $50.1 million or 43 cents per share on revenue of $85.9 million. Profit in the latest quarter was up 58.3 percent while revenue soared 50 percent on a year-over-year basis.

As if that was not enough, the company concluded the quarter with operating cash flow and free cash flow at $18.9 and $14.7 million respectively. The company added 400 new customers by the end of 1Q, bringing the total of its worldwide customers to 7,400.

The company expects to earn revenue between $92 and $94 million. The management of Splunk Inc (NASDAQ:SPLK) expect revenue in fiscal 2015 to come between $402 and $410 million. It previously guided revenue of $400 for the full year.

Cemex SAB de CV (ADR) (NYSE:CX) expects the planned merger of two of its biggest rivals to lead to positive developments in the industry. Lafarge SA and Holcim Ltd announced their intention to come under a single management as they adjust to market realities. However, according to Cemex, the move would solve some overcapacity problems in the industry thereby leading to positive impact for the players.

On its part, Cemex is looking for ways to improve its credit rating. According to the CEO Fernando Gonzalez, Cemex SAB de CV (ADR) (NYSE:CX)’s priority as at now is improving its rating from the current junk status. The company recently suffered a blow following the sudden death of its long-time CEO and Chairman Lorenzo Zambrano.

Goodrich Petroleum Corporation (NYSE:GDP) has released a tight presentation itinerary for the month of June during which the company’s executives will address participants at various investor and industry conferences. The busy month will start with presentation at the RBC Capital Markets Global Energy Power Conference in New York at the Ritz-Carlton Battery Park Hotel. The company’s CEO Walter G. “Gil” Goodrich will present at the event.

The busy month will close with presentation at the Hunter Securities Annual Investor Conference in Chicago, where Goodrich Petroleum Corporation (NYSE:GDP) president, Robert C. Tur, will present.

Published by Brendan Byrne

While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. You may contact Brendan via his email ([email protected]) or his Google+ page (https://plus.google.com/u/0/116608759701551457422).

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