Converge Digest

Splunk’s sales continue to rise – up 32% yoy

Splunk reported solid sales growth for its fiscal second quarter ended July 31, 2017, with total revenues rising to $280.0 million, up 32% year-over-year. Total billings were $303.4 million, up 32% year-over-year. There was a GAAP operating loss of $82.1 million; GAAP operating margin was negative 29.3%.

Some highlights:

“I am pleased with the solid sales execution in Q2, particularly our results in EMEA,” said Doug Merritt, President and CEO, Splunk.

http://www.splunk.com

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