Splunk (NASDAQ:SPLK) reported Q4 EPS of $2.04, $0.90 better than the analyst estimate of $1.14. Revenue for the quarter came in at $1.25 billion versus the consensus estimate of $1.08 billion.
GUIDANCE:
Splunk sees Q1 2024 revenue of $710-725 million, versus the consensus of $807 million.
- Total ARR is expected to be approximately $3.7 billion.
- Total revenues are expected to be between $710 million and $725 million.
- Non-GAAP operating margin is expected to be between negative 3% and negative 5%.
- Free cash flow is expected to be approximately $475 million.
Splunk sees FY2024 revenue of $3.85-3.9 billion, versus the consensus of $4.02 billion.
- Total ARR is expected to be between $4.125 billion and $4.175 billion.
- Total revenues are expected to be between $3.85 billion and $3.9 billion.
- Non-GAAP operating margin is expected to be between 16.5% and 17.5%.
- Free cash flow is expected to be between $775 million and $795 million.