A replay of the call will be available through Maby dialing (855) 859-2056 and referencing Conference ID 2073649. A live audio webcast of the conference call will be available through Splunk’s Investor Relations website at. or (216) 672-5582 from international locations. Interested parties may access the call by dialing (866) 501-1535 in the U.S. ET) to discuss financial results and business highlights. Splunk’s executive management team will host a conference call beginning at 1:30 p.m. Operating cash flow is expected to be at least $400 million.Non-GAAP operating margin is expected to be between 0% and 2%.Total revenues are expected to be between $3.25 billion and $3.3 billion.Total ARR is expected to be approximately $3.9 billion.Cloud ARR is expected to be at least $2 billion.The company is providing the following guidance for its fiscal year 2023 (ending January 31, 2023):
#MARY LY SPLUNK REVENUE SERIES#
Splunk Wins Naval Information Warfare Systems Command (NAVWAR) Award: Splunk SOAR won the NAVWAR’s Artificial Intelligence Applications to Autonomous Cybersecurity Challenge (AI ATAC) series at the U.S.Cybersecurity and Infrastructure Security Agency’s Joint Cyber Defense Collaborative: This industry-government partnership focuses on planning, threat analysis and defensive operations to combat cyberthreats. Splunk Observability Enhancements: Splunk Application Performance Monitoring (APM)’s AlwaysOn Profiling is now generally available with continuous visibility of code-level performance, a new AutoDetect feature with out-of-the-box detectors and alerts to help users get started in minutes as well as Log Observer Connect functionality that allows users to explore the data already being sent to existing Splunk instances.Splunk Security Innovation: Splunk’s latest Enterprise Security release is now generally available and features enhanced threat detection with advanced security analytics, an executive summary dashboard, and a new user experience.New, Expansion and Renewal Customers Include: Box, Inc., CVS Health, Fred Loya Insurance, Intel Corporation and Papa John’s International, Inc. In addition, Teresa Carlson, President and Chief Growth Officer, will be stepping down to pursue other career opportunities. Graham Smith, who has served as Interim CEO since November 2021, will return to his role as Chair of the Splunk Board when Steele joins the company. In a separate release issued today, Splunk announced the appointment of Gary Steele as Chief Executive Officer and a member of the company’s Board of Directors, effective April 11, 2022. “The impact of our business transformation on our financials is normalizing, and we’re well positioned for strong growth in revenue and cash flow.” “We reached a significant milestone as we surpassed $3 billion in total ARR last year, with cloud revenue growing 70%,” said Jason Child, CFO of Splunk.
“Our team delivered across our platform, observability and security businesses as organizations around the world turned to Splunk to monitor and secure their business-critical infrastructure and applications.” “Q4 was an excellent finish to a strong year for Splunk,” said Graham Smith, interim CEO and chair of Splunk.
#MARY LY SPLUNK REVENUE FREE#
Operating cash flow was $128 million with free cash flow of $117 million.Total revenues were $2.67 billion, up 20% year-over-year.Cloud revenue was $944 million, up 70% year-over-year.675 customers with total ARR greater than $1 million, up 32% year-over-year.317 customers with cloud ARR greater than $1 million, up 70% year-over-year.Total revenues were $901 million, up 21% year-over-year.Cloud revenue was $289 million, up 69% year-over-year.Total ARR was $3.12 billion, up 32% year-over-year.Cloud ARR was $1.34 billion, up 65% year-over-year.
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(NASDAQ: SPLK), the data platform leader for security and observability, today announced results for its fiscal fourth quarter and full year ended January 31, 2022.
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