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%.Cloud revenue was $1.457 billion, up 54% year-over-year.Total ARR was $3.674 billion, up 18% year-over-year.Total revenues were $3.654 billion, up 37% year-over-year.790 customers with total ARR greater than $1 million, an increase of 115 year-over-year.Operating cash flow was $276 million Free cash flow was $269 million.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. was incorporated in 2003 and is headquartered in San Francisco, California.SAN FRANCISCO – Ma– Splunk Inc. The company serves cloud and online services, education, financial services, government, healthcare/pharmaceuticals, industrials/manufacturing, media/entertainment, retail/ecommerce, technology, and telecommunications industries. Additionally, it offers maintenance and customer support, training, and consulting and implementation services. Further, the company operates Splunkbase and Splunk Answers Websites, which provide an environment to share apps, collaborate on the use of its software, and provide community-based support, as well as offers application programming interfaces and software development kits. In addition, it offers Splunk Enterprise Security, which addresses emerging security threats Splunk User Behavior Analytics that detects cyber-attacks and insider threats and Splunk IT Service Intelligence, which monitors health and key performance indicators of critical IT services, as well as Splunk App for AWS to ensure cloud security and compliance Splunk Stream to capture, analyze, and correlate network wire data and DB Connect to get enterprise context Palo Alto Networks App for Splunk to gain visibility to Palo Alto Networks firewalls and Splunk App for Salesforce. The company also provides Splunk Light, which offers log search and analysis for small IT environments and Splunk Analytics for Hadoop, a software for exploring, analyzing, and visualizing data stored in Hadoop and Amazon S3. It offers Splunk Enterprise, a machine data platform with collection, indexing, search, reporting, analysis, alerting, monitoring, and data management capabilities and Splunk Cloud service. The company’s products enable users to collect, index, search, explore, monitor, and analyze data regardless of format or source. provides software solutions that enable organizations to gain real-time operational intelligence in the United States and internationally.
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