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Greenwood Capital Associates LLC Decreases Stake in Splunk Inc. (NASDAQ:SPLK)

Greenwood Capital Associates LLC reduced its position in Splunk Inc. (NASDAQ:SPLK – Free Report) by 1.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 61,254 shares of the software company’s stock after selling 1,000 shares during the period. Splunk makes […] ....

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Analysis of Cisco's Splunk Acquisition

Global networking solutions provider Cisco (Nasdaq: CSCO) recently announced its first quarter results that outpaced market expectations. But the market headwinds are troubling the company as it reduced its outlook significantly for the coming year. Cisco's FinancialsCisco's first quarter revenues grew 8% to $14.7 billion, ahead of the Street's forecast of $14.61 billion. Adjusted EPS increased 29% to $1.11, ahead of the market's estimate of $1.03. By segment, software revenues grew 13% to $3.5 billion and product revenues grew 9% to $11.1 billion. Total annualized recurring revenue grew 5% over the year to $24.5 billion and Remaining performance obligations (RPO) improved 12% to $34.8 billion. For the second quarter, Cisco forecast revenues of $12.6-$12.8 billion and a non GAAP EPS of $0.82-$0.84. The market was looking for revenues of $14.19 billion and an EPS of $0.99. For the year, Cisco expects revenues of $53.8-$55.0 billion and an EPS of $3.87-$3.93. In Aug ....

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Mayflower Financial Advisors LLC Reduces Position in Splunk Inc. (NASDAQ:SPLK)

Mayflower Financial Advisors LLC reduced its position in Splunk Inc. (NASDAQ:SPLK – Free Report) by 2.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,170 shares of the software company’s stock after selling 98 shares during the quarter. Mayflower Financial Advisors LLC’s holdings […] ....

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Security Operations: Managed Security Services

These Managed Security Services (MSS) provide monitoring and management for a wide variety of solutions, technologies, industries and budgets. We reduce ....

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Leadership's Next Chapter: The Age Of AI

In this rapidly evolving technological landscape, the symbiotic relationship between generative AI and human leadership is the key to unlocking unprecedented advancements ....

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