splunk inc (SPLK) Key Developments
Splunk Inc. Releases Splunk App for Enterprise Security Drives the Analytics-Enabled Security Operations Center
Jul 21 14
Splunk Inc. announced the general availability of version 3.1 of the Splunk App for Enterprise Security. Splunk introduces a new risk scoring framework in the Splunk App for Enterprise Security to enable easier, faster threat detection and containment by empowering users to assign risk scores to any data. The app also includes new features to help users connect and visualize data on the fly and introduces guided search to make security analytics more accessible to a broad range of users without requiring knowledge of programming languages or command syntax. Splunk customers who have purchased the app can download version 3.1 of the Splunk App for Enterprise Security on Splunk Apps. New users are encouraged to contact Splunk sales. New features in the Splunk App for Enterprise Security focus on delivering risk-based analytics, connecting and visualizing disparate data, and enriching security analysis with threat intelligence. Key features include: Risk-based Analytics: Enhance decision-making by applying a risk score to any data through a new Risk Scoring Framework. Helps security and IT teams prioritize, triage and be alerted to threats based on risk score, while also exposing contributing factors of the risk score to all relevant teams. Visual Investigation: Gain faster, deeper insights across all machine data by giving users the ability to visually discover relationships by creating event swim lanes that organize and correlate all data. Guided Search Creation: Simplify complex correlation across disparate data sources by building advanced searches in a guided user interface with little or no knowledge of any programming language or command syntax. Domain Name-based Threat Intelligence: Adding onto the integrated Threat Intelligence Framework, which deduplicates and assigns weights to threat intelligence feeds, security teams can now integrate high-fidelity and complex URLs and domain names. Learn more about the Splunk App for Enterprise Security on the Splunk website. Version 3.1 of the Splunk App for Enterprise Security requires version 6.x of Splunk Enterprise.
Splunk Inc. Unveils Splunk Mobile App for iPhone and iPad
Jul 16 14
Splunk Inc. announced the release of the Splunk Mobile App for iPhone and iPad. The Splunk Mobile App gives Splunk Enterprise users a powerful new way to view, interact with and share Splunk Enterprise dashboards and reports, receive real-time alerts and leverage operational intelligence on the go through a fully optimized mobile user experience.
John Lewis Uses Splunk(R) Enterprise to Deliver Operational and Customer Insight Across Johnlewis.com
Jul 15 14
Splunk Inc. announced that John Lewis is using Splunk(R) Enterprise to deliver operational and customer insight across johnlewis.com, a website that generates a billion British pounds of annual revenue. Originally selected to search and alert on John Lewis' IT infrastructure, Splunk Enterprise is now also used for digital intelligence through real-time analysis of data from e-commerce platforms to better understand purchasing trends, improve customer experience and drive higher conversion rates. The John Lewis team uses the intelligence Splunk Enterprise provides to make key business decisions, from the IT, web and marketing departments to senior stakeholders of johnlewis.com. Over the key Christmas clearance in 2013, Splunk Enterprise made a positive contribution to John Lewis delivering the best online performance in company history. John Lewis online sales grew more than 23% over the holiday period, and Splunk Enterprise is credited with helping the organization make important operational and marketing decisions, such as when to promote certain items or campaigns.
Splunk and Syncsort Alliance Delivers Machine Data Insights from Mainframes
Jun 23 14
Splunk Inc. and Syncsort announced a technical alliance to unlock insights from machine data generated by mainframe systems, a critical and major source of corporate data. The alliance enables organizations to search, analyze and visualize massive streams of mainframe data, with the simplicity, scalability and efficiency of Splunk(R) Enterprise and Splunk Cloud. This alliance also enables joint customers to correlate mainframe data with data across the enterprise to gain broader Operational Intelligence for the organization.
Splunk, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended April 30, 2014; Provides Earnings Guidance for the Second Quarter Ending July 31, 2014; Revised Earnings Guidance for the Year Ending January 31, 2015
May 29 14
Splunk, Inc. reported unaudited consolidated earnings results for the first quarter ended April 30, 2014. For the quarter, the company reported total net revenues of $85.907 million compared to $57.207 million a year ago. Operating loss was $50.103 million compared to $15.697 million a year ago. Loss before income taxes was $50.193 million compared to $15.730 million a year ago. Net loss was $50.755 million or $0.43 per basic and diluted share compared to $16.134 million or $0.16 per basic and diluted share a year ago. Net cash provided by operating activities was $18.911 million compared to $19.851 million a year ago. Purchases of property and equipment were $4.238 million compared to $1.263 million a year ago. Free cash flow was $14.673 million compared to $18.588 million a year ago. Non-GAAP operating loss was $3.573 million compared to $5.282 million a year ago. Non-GAAP net loss was $4.225 million or $0.04 per basic and diluted share compared to $5.719 million or $0.06 per basic and diluted share a year ago.
For the second quarter ending July 31, 2014, the company’s total revenues are expected to be between $92 million and $94 million. Non-GAAP operating margin is expected to be between negative 2% and negative 4%.
The company revised earnings guidance for the year ending January 31, 2015. For the period, the company’s total revenues are expected to be between $402 million and $410 million compared to $400 million per prior guidance provided on February 27, 2014. Non-GAAP operating margin is expected to be approximately zero unchanged from prior guidance provided on February 27, 2014. CapEx to be around $20 million this year due mostly to facility build-outs.