was incorporated in 2003 and is headquartered in San Francisco, California. The company serves cloud and online services, education, financial services, government, healthcare/pharmaceuticals, industrials/manufacturing, media/entertainment, retail/ecommerce, technology, and telecommunications industries. Additionally, it offers maintenance and customer support, training, and consulting and implementation services. Further, the company operates Splunkbase and Splunk Answers Websites, which provide an environment to share apps, collaborate on the use of its software, and provide community-based support, as well as offers application programming interfaces and software development kits. Splunk software and cloud services enable organizations to search. In addition, it offers Splunk Enterprise Security, which addresses emerging security threats Splunk User Behavior Analytics that detects cyber-attacks and insider threats and Splunk IT Service Intelligence, which monitors health and key performance indicators of critical IT services, as well as Splunk App for AWS to ensure cloud security and compliance Splunk Stream to capture, analyze, and correlate network wire data and DB Connect to get enterprise context Palo Alto Networks App for Splunk to gain visibility to Palo Alto Networks firewalls and Splunk App for Salesforce. Splunk provides the leading software platform for real-time Operational Intelligence. The company also provides Splunk Light, which offers log search and analysis for small IT environments and Splunk Analytics for Hadoop, a software for exploring, analyzing, and visualizing data stored in Hadoop and Amazon S3. It offers Splunk Enterprise, a machine data platform with collection, indexing, search, reporting, analysis, alerting, monitoring, and data management capabilities and Splunk Cloud service. The company's products enable users to collect, index, search, explore, monitor, and analyze data regardless of format or source. provides software solutions that enable organizations to gain real-time operational intelligence in the United States and internationally. This is a securities fraud class action on behalf of persons and entities who purchased common stock of Splunk Inc. The firm's top line consists of the sale of software licenses, cloud subscriptions, and maintenance and support.Splunk Inc. Splunk is currently undergoing a cloud transition as the company weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The company is a major player in two markets: security and full-stack monitoring & analysis. Splunk is a cloud-first software company that focuses on analyzing machine data. Meanwhile, the average Wall Street analyst rated the stock a Buy. Prior to the report, InvestorsObserver gave the stock an overall score of 51. Splunk software provides a scalable and versatile platform for machine data generated by all of the devices, control systems, sensors, SCADA, networks. Trading in the five days leading up to the report earned Splunk Inc a Bullish Sentiment Rank from InvestorsObserver. Wall Street Analysts had an average rating of Buy on the stock prior to the report. The firm's lower revenue growth to earnings signals that the firm has been able to reduce costs and improve its profit margin overall. The stock is down 11.56% to $97.95 after the report. Together, Splunk Enterprise Security, Splunk Phantom, and Keysights Vision NPBs deliver exponential productivity gains and relief for overworked security. That is an increase of 31.86% in revenues from the year-ago report and is 6.82% higher than consensus estimates set at $747.8 million. provides solutions that use data from digital systems to help organizations identify opportunities for optimization to keep. The positive annual growth shows the Technology company is performing well amid recent economic conditions. Splunk Inc's earnings rose 115% year-over-year as the firm reported an EPS loss of $0.62 per share in its year-ago quarter. Splunk Inc ( SPLK) surpassed earnings projections on for Q2 2023.Īnalyst expectations for Splunk Inc earnings per share (EPS) were at a loss of $0.35 per share, with the company surpassing those estimates with a reported EPS of $0.09, leading to a positive surprise of $0.44 per share (126%).
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