![]() After we net off the 1.65 billion of cash and 3.10 billion of debt on Splunk's most recent balance sheet, the. Splunk traded at 152.15 this Friday December 22nd, increasing 0.35 or 0.23 percent since the previous trading session. The stock is now trading around a 52-week low. Splunk’s stock has gained 16 this year, while. At current share prices near 116, Splunk trades at a market cap of 18.66 billion. When the news broke back on April 16, Splunk's stock price plunged as Wall Street analysts downgraded the company. The rate of inflation has continued to decline, and the Federal Reserve is now more likely to cut. was incorporated in 2003 and is headquartered in San Francisco, California. Splunk offered third-quarter revenue guidance of between 1.02 billion and 1.035 billion, topping FactSet analysts’ estimates of 982 million. Stocks that pay growing dividends are starting look more attractive as bond yields have dropped. ![]() The transaction is expected to be cash flow positive and gross margin accretive in the first fiscal year post close, and non-GAAP EPS accretive in year two. It sells its offerings directly through field and inside sales, and indirectly through various routes to market with various partners. Under the terms of the agreement, Cisco intends to acquire Splunk for 157 per share in cash, representing approximately 28 billion in equity value. Splunk (SPLK) - Get Free Report shares dropped after. In addition, the company offers adoption and implementation, education, and customer support services. Splunk (NASDAQ:SPLK) fell 2.4 percent after the data analytics software maker posted a bigger quarterly loss, weakened by higher expenses. Splunk reported disappointing third-quarter results including a wider-than-expected loss. It also provides application programming interfaces, software development kits, and other interfaces that enables its network of third-party developers, partners, and customers to build content, including pre-built data inputs, workflows, searches, reports, alerts, custom dashboards, flexible user interface components, custom data visualizations, and integration actions and methods that configures and extends its solutions to accommodate specific use cases. The company offers unified security and observability platform, including Splunk Security that helps security leaders fortify their organization’s digital resilience by mitigating cyber risk and meeting compliance requirements and Splunk Observability, which provides visibility across the full stack of infrastructure, applications, and the digital customer experience. Splunk Inc., together with its subsidiaries, develops and markets cloud services and licensed software solutions in the United States and internationally.
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