Written by Lorimer Wilson
Splunk Inc. (NASDAQ:SPLK), provider of the leading software platform for real-time Operational Intelligence, today announced results for its fiscal second quarter ended July 31, 2017.
About Splunk Inc.
Splunk is the market leader in analyzing machine data to deliver Operational Intelligence for security, IT and the business providing the enterprise machine data fabric that drives digital transformation to more than 14,000 customers in over 110 countries.
Second Quarter 2018 Financial Highlights
Total revenues: UP 32% year-over-year to $280.0 million.
Total billings: UP 32% to $303.4 million.
GAAP operating loss was $82.1 million; Non-GAAP operating profit was $14.7 million;
GAAP operating margin was negative 29.3%; non-GAAP operating margin was positive 5.2%.
GAAP loss per share was $0.60; non-GAAP earnings per share was $0.08.
Operating cash flow was $23.2 million with free cash flow of $20.3 million.
Recent Business Highlights
Signed over 500 new customers
Named the market share leader in the Worldwide IT Operations Analytics Software Market by IDC.
Named the market share leader in the Worldwide IT Event and Log Management Software Market by IDC.
Recognized as one of LinkedIn’s Top Companies at attracting and retaining talent for the second year in a row.
Named one of the 40 Coolest Business Analytics Vendors in the CRN 2017 Big Data 100.
Honored as:
- >Best SIEM Solution in the SC Awards Europe 2017,
- >Security Product of the Year in the U.K.’s National Technology Awards and
- >Top SIEM solution in the Computerworld Hong Kong Awards 2017.
Financial Outlook
For its fiscal third quarter 2018 (ending October 31, 2017) the company expects:
Total revenues between $307 million and $309 million.
Non-GAAP operating margin of approximately 8%.
For its fiscal year 2018 (ending January 31, 2018) the company expects:
Leave A Comment