Splunk Q4 earnings report: revenue jumped 19% YoY
Splunk(SPLK) Invezz·2024-02-27 21:20
Splunk Inc (NASDAQ: SPLK) 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 Q4Copy link to sectionThe 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. Adjusted operating margin stood at 47.8% in the fourth quarter, as per the press release. According to Gary Steele – the chief executive of Splunk Inc:We’re pl ...