- Splunk press release ( NASDAQ: SPLK ): Q2 GAAP EPS of -$1.30 beats by $0.69 .
- Revenue of $798.75M (+31.9% Y/Y) beats by $50.83M .
- Cloud revenue was $346 million, up 59% year-over-year.
- Cloud Dollar-Based Net Retention Rate was 129%.
- Outlook: Total revenues are expected to be between $835M and $855M vs. consensus of $834.42M
- Non-GAAP operating margin is expected to be between 6% and 8%.
- FY 2023 Guidance: Total revenues are expected to be between $3.35 billion and $3.4 billion (was previously between $3.30 billion and $3.35 billion), vs. consensus of $3.33B
- Non-GAAP operating margin is expected to be approximately 8% (was previously 2%).
- Total ARR is expected to be approximately $3.65 billion; Cloud ARR is expected to be approximately $1.8 billion (was previously $3.9 billion and $2.0 billion respectively).
- Operating cash flow is expected to be at least $420 million (was previously $400 million).
- Free Cash flow is expected to be at least $400 million.
- Shares -8% .
For further details see:
Splunk GAAP EPS of -$1.30 beats by $0.69, revenue of $798.75M beats by $50.83M