Welcome to our dedicated page for Splunk news (Ticker: SPLK), a resource for investors and traders seeking the latest updates and insights on Splunk stock.
Splunk Inc. (NASDAQ: SPLK) delivers essential software solutions that transform machine data into actionable insights for IT operations, security, and business analytics. This news hub provides investors and technology leaders with timely updates on strategic developments, including the company’s transformative acquisition by Cisco to advance AI-driven security and observability solutions.
Discover comprehensive coverage of Splunk’s operational milestones, financial performance, and product innovations. Our curated news collection features official press releases regarding strategic partnerships, leadership updates, and technological advancements that reinforce Splunk’s position in enterprise data management.
Key content focuses include merger integration progress with Cisco, quarterly earnings reports, platform enhancements for machine data analytics, and cybersecurity initiatives. Bookmark this page to stay informed about developments impacting Splunk’s market position and its role in building digitally resilient organizations worldwide.
Splunk Inc. (NASDAQ: SPLK) will announce its second-quarter financial results for the period ending July 31, 2022, on August 24, 2022. Following the market close, details will be available on the Splunk Investor Relations website. An executive conference call is scheduled for 1:30 p.m. PT (4:30 p.m. ET) to discuss these results. Interested parties can join via phone or a live audio webcast. Splunk specializes in leveraging data for insightful analysis and operational action.
On June 14, 2022, Splunk Inc. (NASDAQ: SPLK) announced that its Talent & Compensation Committee granted restricted stock unit awards totaling 189,752 shares to 183 new employees under the 2022 Inducement Plan. Each award vests over approximately three years, with one-third vesting on June 10, 2023, and the remainder vesting quarterly over the next two years, contingent on continued employment. This initiative is in compliance with The Nasdaq Stock Market Listing Rule 5635(c)(4), aimed at incentivizing new hires.
Splunk Inc. (NASDAQ: SPLK) announced enhancements to its Partnerverse program during its Global Partner Summit at .conf22, aimed at accelerating partner success. Key updates include access to a 50GB Splunk Cloud Sandbox environment, training benefits for partners, and a new online Solutions Catalog for showcasing expertise. Additionally, Splunk is collaborating with AWS to establish a Customer Immersion Experience Center in London for tailored data strategy applications. Splunk was also recognized as Google Cloud's Technology Partner of the Year - Marketplace for its contributions to the Google Cloud ecosystem.
Splunk Inc. (NASDAQ: SPLK) announced that Nubank, one of the largest digital banking platforms globally, is leveraging the Splunk Cloud Platform to optimize services for nearly 60 million customers in Latin America. The partnership enables Nubank to enhance customer experience by efficiently managing data from various sources, leading to significant savings of
Splunk Inc. (NASDAQ: SPLK) unveiled new capabilities at its annual conference .conf22, aimed at enhancing security and observability across organizations. Key updates include the general availability of the Splunk Cloud Platform and Splunk Enterprise 9.0, which streamline data management and improve operational insights. Additional features such as the Splunk Incident Intelligence and Anomaly Detection Assistant leverage machine learning for enhanced incident response and anomaly detection. The Global Partner Summit introduced tools to empower over 2,400 partners, boosting collaboration and market reach.
Splunk Inc. (NASDAQ: SPLK) has announced significant enhancements to its Splunk Platform at the .conf22 user conference. New features in Splunk Cloud Platform and Splunk Enterprise 9.0 enhance data access, security, and cost efficiencies, allowing faster decision-making based on comprehensive data insights. Key improvements include Data Manager for easy data onboarding, Ingest Actions for better data management, and expanded cold storage options. These upgrades aim to enhance operational resilience, aid businesses in complexity management, and drive greater value from data.
Splunk Inc. (NASDAQ: SPLK) announces its 13th annual user conference, .conf22, taking place from June 13-16, 2022 in Las Vegas and virtually on June 14-15, 2022. With over 12,500 attendees and 60+ sponsors, this hybrid event will feature 200+ technical sessions and hands-on workshops. Highlights include a keynote by Splunk leaders and customers, along with guest speakers like Dr. Hakeem Oluseyi. The event aims to drive innovation through data, facilitating connections and sharing best practices among participants.
Splunk reported strong fiscal Q1 2023 results with total revenues of $674 million, a 34% year-over-year increase, and cloud revenue at $323 million, surging 66% year-over-year. The Cloud Dollar-Based Net Retention Rate stands at 130%, with 329 customers exceeding $1 million in cloud ARR, up 62% year-over-year. The company has raised its full-year revenue outlook to an expected $3.3 billion to $3.35 billion. Despite leadership changes, Splunk continues to make strides in the application performance monitoring sector, reflecting a solid market position and growth potential.
Splunk Inc. (NASDAQ: SPLK) announced on May 14, 2022, the grant of restricted stock unit awards totaling 146,936 shares to 193 new employees under its 2022 Inducement Plan. Each award's vesting period spans approximately three years, with one-third vesting on June 10, 2023 and the remainder vesting quarterly. This initiative follows The Nasdaq Listing Rule 5635(c)(4) and aims to attract talent.
Splunk helps organizations leverage data for operational improvements and decision-making.
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