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Splunk's 4Q Results Top Wall Street Estimates; Shares Jump 5.1%

Shares of Splunk Inc. surged by 5.1% in after-hours trading on March 3 as the company posted 4Q results, which topped analysts’ estimates. The data analytics software company’s revenues generated $745 million, down by 6% year-on-year but ahead of consensus estimates of $682.2 million. Splunk reported non-GAAP net income per share of $0.38 that exceeded analysts’ expectations of $0.04. Splunk’s (SPLK) CEO Doug Merritt said, “We now have more than 500 customers investing over $1 million annually in our platform and solutions. At our size, Splunk is one of the fastest growing companies in the history of enterprise software.” SPLK’s CFO Jason Child added, “With Total ARR [annualized recurring revenue] growing 41% year-over-year and $810M of Cloud ARR accelerating to 83% growth, we are extremely proud of the team’s execution and the company’s business fundamentals, both of which remain strong.” The company’s ....

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Splunk (SPLK) Surpasses Q4 Earnings & Revenue Estimates

Splunk's (SPLK) fourth-quarter fiscal 2021 results reflect growth in cloud revenues and customer base expansion despite decline in license revenues. ....

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Splunk: Fiscal Q4 Earnings Snapshot

SAN FRANCISCO (AP) Splunk Inc. (SPLK) on Wednesday reported a loss of $139.5 million in. ....

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Inside the Battle to Control Enterprise Security Data Lakes

By Ryan Naraine on February 19, 2021
NEWS ANALYSIS: The strategic positioning to own and control the massive data lakes powering enterprise security programs took another expensive turn with CrowdStrike announcing it would shell out $400 million to buy early-stage log analytics start-up Humio.
The $400 million cash-and-equity deal represents a massive exit for Humio, a company that raised just $32 million in two funding rounds led by Dell Technologies Capital. Humio has about 70 employees in the U.S., London and Denmark and has found a niche as an affordable but powerful alternative to bigger vendors in the lucrative log analytics space.
The CrowdStrike/Humio marriage signals a continuation of the trend by anti-malware vendors to beef up data logging and indexing capabilities to cash in on “proactively-collect-and-store-everything” policies at larger enterprises. ....

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Top 50 Security Threats

Like you, cybercriminals are on their own digital transformation journey. Trends like remote work, Internet of Things (IoT), bring-your-own-device (BYOD) and cloud ....

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