- Splunk Inc (NASDAQ:SPLK) reported third-quarter revenue growth of 40% year-on-year to $930 million, beating the consensus of $847 million.
- Cloud revenue grew 54% to $374 million Y/Y. Customers with a total ARR greater than $1 million grew 19% to 754 Y/Y.
- The non-GAAP gross margin expanded by 540 bps to 82%.
- The non-GAAP operating margin improved from $(9.9)% a year ago to a positive 21.3%.
- Non-GAAP EPS of $0.83 beat the consensus of $0.25.
- Splunk sees Q4 revenue of $1.055 billion – $1.085 billion (vs. consensus of $1.060 billion).
- Splunk raised FY23 revenue guidance to $3.455 billion – $3.485 billion, up from $3.35 billion – $3.40 billion (vs. consensus of $3.400 billion).
- Price Action: SPLK shares traded higher by 8.34% at $84.16 in the premarket on the last check Thursday.
- Photo Via Wikimedia Commons
NeuroSense Granted Patents In Europe, Japan, And Israel For Its ALS Drug PrimeC
Patents valid through 2038Clinical topline results from Phase 2b ALS trial expected in H2 2023CAMBRIDGE, Mass., Sept. 19, 2023 /PRNewswire/ -- NeuroSense Therapeutics Ltd. (NASDAQ:NRSN) ("NeuroSense"), a