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SPLK / Splunk: The Profit Story Is Really Shining

Splunk: The Profit Story Is Really Shining
Splunk's stock price has jumped around 40% this year after reporting strong Q2 results and raising its guidance for the year. The company continues to grow cloud ARR at a >20% y/y pace, while executing well in a tough sales environment. At the same time, management has sliced opex spending, allowing the company to dramatically boost its margin performance. Read More
Posted: Sep 8 2023, 11:58
Author Name: Seeking Alpha
Views: 042039

SPLK News  

2023 Layoff Tracker: Condé Nast, Splunk Cut Hundreds Of Employees

By Forbes
November 1, 2023

2023 Layoff Tracker: Condé Nast, Splunk Cut Hundreds Of Employees

Hundreds of U.S. companies have slashed their workforces this year, including Amazon, Google, Meta and Disney. more_horizontal

2023 Layoff Tracker: Splunk Cuts 560 Employees

By Forbes
November 1, 2023

2023 Layoff Tracker: Splunk Cuts 560 Employees

Hundreds of U.S. companies have slashed their workforces this year, including Amazon, Google, Meta and Disney. more_horizontal

Splunk unveils plan to cut about 7% of its global workforce

By Market Watch
November 1, 2023

Splunk unveils plan to cut about 7% of its global workforce

Splunk Inc. SPLK said Wednesday it's planning to cut about 7% of its global workforce, mostly in the U.S. The company had 8,000 employees as of Jan. 3 more_horizontal

Splunk (SPLK) Stock Slides as Market Rises: Facts to Know Before You Trade

By Zacks Investment Research
October 31, 2023

Splunk (SPLK) Stock Slides as Market Rises: Facts to Know Before You Trade

Splunk (SPLK) closed at $147.16 in the latest trading session, marking a -0.03% move from the prior day. more_horizontal

Splunk (SPLK) is a Solid Portfolio Pick Right Now: Here's Why

By Zacks Investment Research
September 28, 2023

Splunk (SPLK) is a Solid Portfolio Pick Right Now: Here's Why

With healthy fundamentals, Splunk (SPLK) appears to be a solid investment option at the moment. more_horizontal

Splunk (SPLK) to Merge With Cisco for Improved AI Prowess

By Zacks Investment Research
September 22, 2023

Splunk (SPLK) to Merge With Cisco for Improved AI Prowess

Splunk (SPLK) signs an agreement to merge with Cisco for a transaction valued at roughly $28 billion. The combined capabilities of the entities will e more_horizontal

Splunk (SPLK) Up 28% Since Last Earnings Report: Can It Continue?

By Zacks Investment Research
September 22, 2023

Splunk (SPLK) Up 28% Since Last Earnings Report: Can It Continue?

Splunk (SPLK) reported earnings 30 days ago. What's next for the stock? more_horizontal

Why Splunk Rocketed Higher This Week

By The Motley Fool
September 22, 2023

Why Splunk Rocketed Higher This Week

Cisco agreed to acquire Splunk for $28 billion. The deal premium is roughly 31% over Splunk's share price from the prior day. more_horizontal


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