![]() ![]() We have provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables for our historical non-GAAP financial results included in this release. For example, stock-based compensation-related charges, including related employer payroll tax-related items, are impacted by the timing of employee stock transactions, the future fair market value of our common stock, and our future hiring and retention needs, all of which are difficult to predict and subject to constant change. Non-GAAP operating margin is expected to be between 16.5% and 17.5%.įree cash flow is expected to be between $775 million and $795 million.Ī reconciliation of non-GAAP guidance measures to corresponding GAAP guidance measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, expenses that may be incurred in the future. Total revenues are expected to be between $3.85 billion and $3.9 billion. Total ARR is expected to be between $4.125 billion and $4.175 billion. The company is providing the following guidance for its fiscal year 2024 (ending January 31, 2024): Non-GAAP operating margin is expected to be between negative 3% and negative 5%.įree cash flow is expected to be approximately $475 million. Total revenues are expected to be between $710 million and $725 million. Total ARR is expected to be approximately $3.7 billion. The company is providing the following guidance for its fiscal first quarter 2024 (ending April 30, 2023): Best Place to Work: Splunk was recognized as one of Great Place to Work’s 2022 Best Workplaces for Parents in the U.S. ![]() Splunk Releases 2022 Global Impact Report: Splunk’s second annual Global Impact Report details the company’s progress across four areas: social impact, ethical and inclusive growth, data responsibility, and environmental sustainability.Splunk Security Innovation: Splunk Enterprise Security 7.1 is now available and features three new capabilities to help security teams detect suspicious behavior in real time, quickly discover the scope of an incident to respond accurately, and improve security workflow efficiencies using embedded frameworks.Splunk was also named a leader in the 2022 IDC MarketScape: Worldwide SIEM 2022 Vendor Assessment.* The company received the highest possible scores in the product vision, planned enhancements, market approach and partner ecosystem criteria. Splunk Recognized as a Security Analytics Leader: Industry analyst firm Forrester Research recognized Splunk as a leader in The Forrester Wave™: Security Analytics Platforms, Q4 2022.for its annual public sector event, GovSummit. Splunk Connects with Hundreds of Public Sector Customers and Partners: Splunk welcomed hundreds of government, public institutional and higher education customers and partners to Washington D.C.Splunk Names New Chief Financial Officer: Splunk appointed Brian Roberts as the company’s Chief Financial Officer (CFO).“In a time of economic uncertainty, we are pleased with our strategic, competitive and financial position to deliver significant value to our customers and substantially increase free cash flow margins in FY24 through expected growth and continued operating efficiencies.” “Total ARR grew by 18% to $3.674 billion and annual free cash flow nearly quadrupled as the team continued its focus on driving results and improving operating efficiency,” said Brian Roberts, CFO of Splunk. As we begin our new fiscal year, we remain committed to delivering durable growth and substantially increasing free cash flow.” “More than ever, Splunk plays a critical role in helping our customers ensure their digital systems are resilient, secure and able to adapt to constant change. “Our team delivered a solid finish to an important transitional year for Splunk, positioning us well for our next chapter,” said Gary Steele, President and CEO of Splunk. Operating cash flow was $450 million Free cash flow was $427 million. GAAP operating margin was (6.4)% Non-GAAP operating margin was 17.6%. Total ARR was $3.674 billion, up 18% year-over-year.Ĭloud revenue was $1.457 billion, up 54% year-over-year. Total revenues were $3.654 billion, up 37% year-over-year. Operating cash flow was $276 million Free cash flow was $269 million.ħ90 customers with total ARR greater than $1 million, an increase of 115 year-over-year. ![]() GAAP net income was $269 million GAAP EPS was $1.44. GAAP operating margin was 21.3% Non-GAAP operating margin was 37.9%. Total revenues were $1.251 billion, an increase of 39% year-over-year. (NASDAQ: SPLK), the cybersecurity and observability leader, today announced results for its fiscal fourth quarter and full year ended January 31, 2023. ![]() Revenues Grew 39% in Q4 Quarterly Revenues Exceed $1B for the First Time ![]()
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