![]() Over the past two decades, he's led Proofpoint's growth from an early-stage startup to a leading security-as-a-service provider to some of the world's best-known organizations. Gary has over 30 years of experience and a track record of successfully scaling SaaS operations and growing multibillion-dollar global enterprises. Interim CEO Smith introduced the new CEO Gary Steele as the new CEO effective April 11, 2022, "In addition to a great Q4, I'm equally excited to announce the appointment of Gary Steele, a Visionary Technology executive and Founding CEO of Proofpoint, as the next CEO of Splunk effective April 11. Cloud ARR is expected to be at least $2 billion with total ARR around $3.9 billion with non-GAAP operating margin between 0% to 2%. The Company sees fiscal full-year 2024 revenues between $3.25 billion to $3.30 billion versus $3.03 billion analyst estimates. Splunk raised it fiscal Q1 2023 revenue guidance to come in between $615 million to $635 million versus $608.87 million estimates. Our team delivered across our platform, observability, and security businesses as organizations around the world turned to Splunk to monitor and secure their business-critical infrastructure and applications." Splunk Interim CEO Graham Smith commented, "Q4 was an excellent finish to a strong year for Splunk. Customer with over $1 million cloud ARR rose 70% YoY to 317 and customers with total ARR over $1 million rose 32% to 675 customers. Cloud revenues rose 69% YoY to $289 million. Revenues grew 20.9% year-over-year (YoY) to $901 million, beating analyst estimates for $776.38 million. The Company reported earnings-per-share (EPS) profits of $0.66 versus a loss of (-$0.20) consensus analyst estimates, an $0.86 beat. On March 2, 2022, Splunk released its fiscal fourth-quarter 2022 results for the quarter ended January 2022. ![]()
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