Splunk provides a broad range of data security applications for businesses and analysts consider them among the best at ingesting, monitoring and analyzing machine data. San Francisco, California-based Splunk focuses on subscription or renewable contract models for its enterprise clients, with more than 90% of the Fortune 100 using its solutions, according to brokerage Morningstar. The company reported total revenue of $1.49 billion, beating analysts’ expectation of $1.28 billion, according to LSEG data.
Yahoo! Finance: SPLK News
