Splunk reports Q4 EPS $2.28, consensus $1.95

Reports Q4 revenue $1.49B, consensus $1.28B. Q4 Cloud ARR was $2.186B, up 23% y/y. “We delivered a solid finish to FY24 as our team doubled down on helping organizations worldwide keep their digital systems resilient,” said Gary Steele, President and CEO of Splunk. “In Q4, we grew Total ARR to $4.2 billion, and we finished FY24 with nearly 900 customers each generating more than $1 million in ARR. We’re pleased to bring this momentum to Cisco, and we believe there is an incredible opportunity to meet the ever-increasing security and observability needs of the world’s largest and most complex enterprises.”