First-quarter sales rose 30% versus the prior-year period to $242 million, ahead of our forecast. Maintenance and services revenue (which include cloud contracts) were the primary growth driver, ...
Cisco’s corporate restructuring got off to a solid start with the vendor’s increased focus on artificial intelligence (AI), security, and cloud paving a smooth transition into the networking giant’s ...
(1) Represents the income tax adjustment using our estimated non-GAAP tax rate of 20%.
It has been almost a year and a half since Cisco Systems Inc. acquired Splunk Inc. At the time, investors were happy because it was a good financial move. Cisco spent $28 billion and would get back ...
Splunk's new CEO is 4 quarters in and has performed well against consensus so far. The company has seen 4 quarters of >30% revenue growth rate while posting quarterly profitability and positive cash ...
The cloud migration journey has become less of a question of "if" and more of "when" for enterprises. With 94% of organizations now using cloud services, the momentum toward cloud adoption shows no ...
In a keynote at the Splunk .conf25 event Monday Cisco President and Chief Product Officer Jeetu Patel unveiled the new Cisco Data Fabric architecture, based on the Splunk platform, and touted Splunk’s ...
Cisco Systems Inc. today announced new editions of its Splunk data platform that use agentic artificial intelligence to improve both security operations and observability across digital infrastructure ...
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 ...