In the most recent earnings conference call CFO Brian Roberts said, "We made solid progress in Q1 on our expense structure and looking forward, we remain extremely focused on increasing our operating efficiency. Network gear maker Cisco (CSCO) Systems has made a takeover offer worth more than 20 billion for software maker Splunk (SPLK), The Wall Street Journal reported on Friday, citing people familiar. provides software platform that enables organizations to gain real-time operational intelligence by harnessing the value of their machine. Watch list After Hours Last Updated: 7:56 p.m. Like other techs slammed in 2022, Splunk is "cutting costs," a polite term for laying off workers hired during the pandemic heyday, when companies undoubtedly thought the good times (for them) would never end.Įarlier in the year, Splunk said it was cutting 4% of its workforce, reducing the use of contract workers and consolidating operations at a Washington, D.C.-area office building to one floor from two. SPLK Overview Stock Screener Earnings Calendar Sectors Nasdaq SPLK U.S.: Nasdaq Splunk Inc.
That was the case in each of the past six quarters. Splunk's fiscal first-quarter results, announced on May 24, surpassed estimates for both revenue and net income, as you can see using MarketBeat's Splunk earnings data. Aviatrix likely won’t need another funding round, Merritt said, and could be ready for an initial public offering in 2025, assuming market. (NYSE: ORCL), also showing recent substantial price gains. Splunk currently has a 17 billion market cap. Like many stocks, Splunk's recent price action has been. (NASDAQ: SPLK) is up more than 6 since its most recent quarterly earnings report in May. (NASDAQ: MDB) is currently the best price performer within its database software industry, with mega-cap Oracle Corp. Data analytics software developer Splunk Inc. Morningstar JSplunk Inc.: Splunk Earnings: Booting Up Fiscal 2024 With Robust Sales and Profitability Symbols SPLK Sector (s) Technology Rating Current Price 100.98 Fair Value.
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