Reports Q4 revenue $1.49B, consensus $1.28B. Q4 Cloud ARR was $2.186B, up 23% y/y. “We delivered a solid finish to FY24 as our team doubled down on helping organizations worldwide keep their digital systems resilient,” said Gary Steele, President and CEO of Splunk. “In Q4, we grew Total ARR to $4.2 billion, and we finished FY24 with nearly 900 customers each generating more than $1 million in ARR. We’re pleased to bring this momentum to Cisco, and we believe there is an incredible opportunity to meet the ever-increasing security and observability needs of the world’s largest and most complex enterprises.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on SPLK:
- Splunk Enhances Investor Communications with Updated Platform
- SPLK Upcoming Earnings Report: What to Expect?
- Soros buys Birkenstock and Merck, exits LPL Financial and General Motors
- Here’s what Wall Street experts are saying about Cisco ahead of earnings
- Cantor Fitzgerald tech/software analysts hold analyst/industry conference call
Questions or Comments about the article? Write to editor@tipranks.com