SPLK Stock Recent News

The imminent merger between Splunk (SPLK) and Cisco heralds a new era of innovation in AI-driven cybersecurity solutions.

A healthy traction in the cloud business enabled Splunk (SPLK) to beat fourth-quarter fiscal 2024 earnings estimates.

Although the revenue and EPS for Splunk (SPLK) give a sense of how its business performed in the quarter ended January 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Splunk Inc is trading up in extended hours on Tuesday after reporting market-beating financial results for its fourth quarter. Splunk saw operating expenses increase 6.5% in Q4 The stock is being rewarded because the cybersecurity company saw its cloud revenue jump a whopping 26% year-on-year to $1.837 billion in Q4.

Splunk (SPLK) is likely to have witnessed modest top-line growth in the fourth quarter of fiscal 2024, driven by growing user engagement in its platform, strategic acquisitions and AI integration.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Splunk (SPLK), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended January 2024.

In the closing of the recent trading day, Splunk (SPLK) stood at $155.40, denoting a +0.02% change from the preceding trading day.

Splunk (SPLK) concluded the recent trading session at $154.50, signifying a +0.05% move from its prior day's close.

In the age of cybersecurity and tech advancement, the imperative for edgy solutions has never been more critical. As the cybersecurity space expands, so too do the related threats.

The latest trading day saw Splunk (SPLK) settling at $153.34, representing a -0.02% change from its previous close.