Splunk Stock Price, News & Analysis

Splunk Inc. (NASDAQ: SPLK) announced a partnership with Papa John’s International, Inc. (NASDAQ: PZZA) to enhance operational efficiency across over 3,000 stores in North America. Utilizing the Splunk Cloud Platform, Papa John's aims to leverage real-time data insights to improve transaction security, field operations, and overall customer experience. This collaboration is part of Papa John's strategy to embrace digital transformation, with nearly 100% of its sales channels becoming digitally enabled.

Splunk Inc. (NASDAQ: SPLK) will announce its fourth quarter and full year results for the period ending January 31, 2022, on March 2, 2022, after market close. The results will be detailed in a press release and available on the Splunk Investor Relations website. An earnings conference call will follow at 1:30 p.m. PT (4:30 p.m. ET), accessible via phone or a live audio webcast. A replay will be available shortly after the call for seven days.

Splunk Inc. (NASDAQ: SPLK) announced its participation in the Jefferies Virtual Software Summit on January 11, 2022. The event will feature Shawn Bice, president of Products and Technology, and Jason Child, chief financial officer, hosting a discussion and Q&A session at 10:30 a.m. PT. Interested attendees can access the live webcast on the Splunk Investor Relations website. Splunk provides a robust platform for data investigation, monitoring, analysis, and action.

Splunk Inc. (NASDAQ: SPLK) has released its 2021 Global Impact Report, outlining its commitment to environmental, social, and governance (ESG) priorities. The report highlights initiatives in social impact, ethical growth, data responsibility, and environmental sustainability. Key goals include achieving net-zero greenhouse gas emissions by 2050 and enhancing diversity and equity within the company. Splunk aims to leverage data-driven solutions for societal challenges.

Splunk Inc. (NASDAQ: SPLK) recently released four 2022 Predictions reports emphasizing the critical role of data across various sectors. Key insights include the need for M&A activity post-pandemic, the rise of edge computing, and the heightened threat of ransomware as cybercriminals evolve. Companies must adopt robust security measures to counter these risks. Observability in IT will be crucial in improving customer experiences following pandemic-related disruptions. Public-private collaboration is essential to address cybersecurity threats effectively. For more information, visit Splunk's website.

Splunk Inc. (NASDAQ: SPLK) has announced its participation in two investor events. CFO Jason Child will engage in a discussion and Q&A session at the UBS Global TMT Virtual Conference on December 6, 2021, at 1:00 p.m. ET. Additionally, interim CEO Graham Smith and CFO Jason Child will participate at the Barclays Global Technology, Media and Telecommunications Conference on December 7, 2021, starting at 12:05 p.m. ET. Live webcasts of both sessions will be available on Splunk's Investor Relations website.

Splunk reported strong fiscal Q3 2022 results, showcasing a 75% increase in Cloud ARR to $1.11 billion and total ARR rising 37% to $2.83 billion. Cloud revenue stood at $243 million, up 68%. The company anticipates a 70% Cloud mix in Q4 and has increased its full-year Cloud ARR outlook, projecting it to reach $2 billion in FY2023. Key partnerships and advancements in data management tools were highlighted, reaffirming Splunk's leadership position in security and observability.

Splunk Inc. (NASDAQ: SPLK) has announced its commitment to achieve net zero greenhouse gas emissions by 2050, alongside setting near-term science-based targets by the end of fiscal 2023. The company has joined the SBTi’s Business Ambition for 1.5° campaign and supports the Task Force on Climate-related Financial Disclosures for enhanced climate transparency. Splunk aims to conduct climate scenario analyses and implement transition pathways as part of its broader Global Climate Resilience Strategy, with further details expected in its upcoming Global Impact report in December 2021.

Splunk Inc. (NASDAQ: SPLK) announces the appointment of Graham Smith as interim CEO following Doug Merritt's resignation. Smith, who has been with the company since 2011, will also continue as Chair of the Board. The company revealed strong preliminary results for Q3 2022, with Cloud ARR expected to exceed $1.1 billion, a 75% increase year-over-year, and total revenues reaching approximately $660 million, marking a 19% growth. Splunk will report final results on December 1, 2021.