Splunk Stock Price, News & Analysis

Splunk Inc. (NASDAQ: SPLK) has announced its participation in the Jefferies Virtual Software Conference. The discussion will be led by Doug Merritt, president and CEO, and Jason Child, chief financial officer, on Wednesday, September 15, 2021, at 2:00 p.m. PT. Interested investors can access a live webcast through the Splunk Investor Relations website. Splunk is known for its Data-to-Everything Platform, which allows users to investigate, monitor, analyze, and act on data at any scale.

Splunk Inc. (NASDAQ: SPLK) has received the U.S. Department of Defense Impact Level 5 Provisional Authorization for its Splunk Cloud Platform, enabling U.S. Government agencies to utilize its secure cloud solutions for managing sensitive data. This authorization reflects Splunk’s commitment to meet the complex needs of government agencies and enhance data-driven decision-making. The platform's compliance with DoD standards is crucial for safeguarding valuable data against rising cyber threats.

Splunk Inc. (NASDAQ: SPLK) has been recognized as a market leader in AIOps by three prominent analyst reports: Omdia, Research In Action, and Constellation Research. Omdia's report highlights Splunk as the only vendor scoring a perfect 100% for solution breadth and being highly recommended by customers with a 99% rating from Research In Action. Additionally, Constellation Research included Splunk in its AIOps ShortList. These accolades reinforce Splunk's commitment to innovation and its effective AIOps platform, which offers extensive capabilities for IT management and operational insights.

Splunk Inc. (NASDAQ: SPLK) reported a strong fiscal second quarter, achieving Cloud ARR of $976 million, a 72% increase year-over-year. Total ARR rose to $2.63 billion, up 37%. Cloud revenue reached $217 million, marking a 73% growth. The company anticipates reaching $3.1 billion in total ARR by fiscal year end. Splunk's customer base expanded significantly, with 234 customers having Cloud ARR exceeding $1 million. The company also announced a $1 billion investment from Silver Lake Partners and launched new cloud-based platforms to enhance data value.

Splunk Inc. (NASDAQ: SPLK) has appointed Pamela Fusco as its Chief Information Security Officer (CISO), effective immediately. With over 30 years of security experience in both the public and private sectors, Fusco will oversee Splunk’s global security operations. Her mandate includes enhancing security strategies and managing risks to protect employees and customers. Before joining Splunk, she held key security roles at companies like Citibank and Merck, bringing valuable insights from her previous experience as a Splunk customer. This strategic appointment aims to bolster Splunk’s security platform amid evolving cyber threats.

Splunk Inc. (NASDAQ: SPLK) will announce its financial results for the second quarter ending July 31, 2021, on August 25, 2021. The release will include detailed financial information and will be available on the Splunk Investor Relations website after market close. A conference call hosted by the management team will follow at 1:30 p.m. PT (4:30 p.m. ET) to discuss the results and business highlights. Participants can join the call via a dedicated phone line or listen to the live audio webcast online.

On August 3, 2021, CERTIFY.me and Splunk Inc. announced a collaboration to launch SnapXT powered by Splunk, a new access control and authentication solution. This product integrates CERTIFY.me's SnapXT thermal imaging device with Splunk's Data-to-Everything™ platform, enabling organizations to derive actionable insights from data collected by SnapXT devices. Key features include touchless access control, temperature screening, and customizable dashboards for performance tracking. This partnership aims to enhance risk mitigation strategies, especially in the context of COVID-19.

Splunk Inc. (NASDAQ: SPLK) has announced the appointment of David DeWitt, a renowned database computer scientist, as Vice President and Technical Fellow. With over 45 years of experience, DeWitt's notable contributions include advancements in parallel database systems and foundational work on SQL Server at Microsoft. His role will focus on enhancing Splunk’s data technologies to facilitate cloud success for organizations. DeWitt aims to help companies analyze and act on data more efficiently across diverse sources and environments.

Splunk Inc. (NASDAQ: SPLK) announces key leadership changes to bolster its cloud success. Sendur Sellakumar has been appointed as the first Chief Cloud Officer, overseeing customer cloud transformation and strategy. Claire Hockin is now the Chief Marketing Officer, focusing on global marketing to enhance customer transition to cloud solutions. Garth Fort, from AWS, joins as Chief Product Officer to evolve Splunk’s software and cloud services. These appointments align with Splunk's commitment to advancing its Data-to-Everything platform and assisting organizations in cloud growth.