UPDATE: Splunk Beats Q4 Views, Shares Surge

Shares of

jumped more than 6% in after-hours trading after the company reported better-than-expected results for the fourth quarter. The San Francisco, California-based company posted a quarterly net loss of $57 million, or $0.47 per share, versus a year-ago loss of $32.6 million, or $0.30 per share. Its non-GAAP earnings came in at $0.09 per share for the quarter. Its revenue climbed 48% to $147.4 million from $99.9 million. However, analysts were expecting earnings of $0.04 per share on revenue of $137.05 million. License revenue surged 43% y/y to $98.1 million in the quarter. During the quarter, the company added 600 new enterprise customers. Godfrey Sullivan, Chairman and CEO said, "We finished FY15 with strong performance across the board and posted our best quarter yet for both Splunk Cloud and the Splunk App for Enterprise Security. Our investments in cloud and solutions are helping to drive global customer adoption." Splunk projects Q1 sales of $116 million to $118 million, versus analysts' estimates of $115.4 million. The company also expects FY sales of $600 million, versus analysts' expectations of $580 million. Splunk shares climbed 6.08% to $73.80 in after-hours trading.