SPLK - Splunk Inc.

Splunk Inc. (Splunk) provides a software platform. Splunk's software collects and indexes data regardless of format or source, and enables users to search, correlate, analyze, monitor and report on this data, all in real time. Its software is designed to help users in various roles, including information technology (IT) and business professionals, analyze machine data and realize real-time visibility into and about their organization's operations. The core of its software is a machine data engine, comprised of collection, indexing, search and data management capabilities. Its software can collect and index terabytes of information daily, irrespective of format or source. As of January 31, 2012, the Company had approximately 3,700 customers

Initial Public Offering Filed On 01/12/12
Registration Period 98 Day(s)
Offer Date 04/19/12
Deal SizeView Deal Breakdown 13,500,000
Price Range $11.00 - $13.00
Deal Value $162.0M
Trade Date 04/19/12
Settlement Date 04/24/12
Priced 13.5M Shares @ $17.00
Revenue $121.0M
Net Income -$11.0M
Deal Underwriters
Morgan Stanley; Credit Suisse; JPMorgan; BofA Merrill Lynch; UBS Invest Bank; Pacific Crest; Cowen & Company
K: Thousands, M: Millions, B: Billions

Splunk Wins 2012 SC Award for Best Enterprise Security Solution
Now - Marketwire via Comtex
Splunk(R) Inc. (NASDAQ: SPLK), the leading provider of software for real-time operational intelligence, today announced that the company has been recognized as the 'Best Enterprise Security Solution' by SC Awards Europe 2012.

The SC Awards Europe recognized Splunk as a company providing excellence and innovation in every aspect of IT security. Paul Fisher, editor for SC Magazine commented, "The SC Awards Europe are without peer -- simply the most coveted and prestigious awards for the information security industry. Our awards honor professionals working to secure enterprises of all sizes and the vendors that deliver innovative security technologies."

"Security professionals have been frustrated at the limitations of traditional security tools used for collecting, monitoring and analyzing machine data, regardless of source, type or scale. Splunk has proven key in identifying unknown security threats and advanced persistent threats, as well as for forensic investigations and monitoring for known threats," said Splunk Chief Marketing Officer Steve Sommer. "Splunk's selection by SC Awards Europe as the Best Enterprise Security Solution is recognition of the value Splunk brings to cyber-security, including big data analytics. Splunk's ability to manage machine data beyond traditional security silos provides users with the ability to lower their risk through monitoring and detecting sophisticated attacks, helping uncover complex fraud scenarios and faster forensic investigations."

The annual SC Awards Europe highlight and showcase the best solutions, services, and professionals, while recognizing achievement and technical excellence in the information security industry in Europe. Hundreds of entries were submitted for 27 possible awards in three categories -- professional, technology, and industry.

The award was recently announced at the SC Awards Europe gala dinner at the London Hilton during the Infosecurity Europe exhibition. For more information and a detailed list of categories and winners, please visit http://www.scawardseurope.com/.

About Splunk Inc. Splunk(R) Inc. (NASDAQ: SPLK) provides the engine for machine data(TM). Splunk software collects, indexes and harnesses the massive machine data continuously generated by the websites, applications, servers, networks and mobile devices that power business. Splunk software enables organizations to monitor, search, analyze, visualize and act on massive streams of real-time and historical machine data. More than 3,700 enterprises, universities, government agencies and service providers in more than 75 countries use Splunk Enterprise to gain operational intelligence that deepens business understanding, improves service and uptime, reduces cost and mitigates cyber-security risk. To learn more, please visit www.splunk.com/company.

About SC Magazine SC Magazine provides IT security professionals with in-depth and unbiased information through timely news, comprehensive analysis, cutting-edge features, contributions from thought leaders and the best, most extensive collection of product reviews in the business. By offering a consolidated view of IT security through independent product tests and well-researched editorial content that provides the contextual backdrop for how these IT security tools will address larger demands put on businesses today, SC Magazine enables IT security pros to make the right security decisions for their companies. The brand's portfolio includes the SC Awards, SC Directory, SC Magazine Newswire and SC Magazine IT Security Executives Forums.

SOURCE: Splunk Inc.

Splunk Inc. Announces Fiscal First Quarter 2013 Financial Results
2 days 16 hours 25 minutes ago - Marketwire via Comtex
Splunk Inc. (NASDAQ: SPLK), the leading provider of software for real-time operational intelligence, today announced results for its fiscal first quarter ended April 30, 2012.

"Our first quarter was a strong start to fiscal 2013 and continues the momentum we experienced last year," said Godfrey Sullivan, chairman and CEO, Splunk. "We added more than 350 new customers and now have over 4,000 customers using Splunk software to achieve operational intelligence from their machine-generated data."

First Quarter 2013 Financial Highlights

-- Total revenue was $37.2 million, up 80% year-over-year.

-- License revenue was $24.4 million, up 68% year-over-year.

-- GAAP operating loss was $6.2 million; GAAP operating margin was
negative 16.6%. Non-GAAP operating loss was $3.5 million; non-GAAP
operating margin was negative 9.5%.

-- GAAP net loss was $20.5 million and included $2.7 million in non-cash,
stock-based compensation expenses, and a $14.1 million non-cash,
non-recurring warrant-related charge. Non-GAAP net loss was $3.7
million.

-- GAAP loss per share was $0.71 based on a 28.7 million weighted-average
share count. Non-GAAP loss per share was $0.04 on a 94.6 million share
count.

-- Operating cash flow was $11.6 million with free cash flow of $9.7
million.

-- Cash and cash equivalents totaled $266.1 million as of April 30, 2012
and reflects net cash proceeds of $226.5 million from the company's
initial public offering of common stock.

Areconciliation of GAAP to non-GAAP results is provided in the accompanying table.

First Quarter 2013 and Recent Business Highlights

Customers

-- New paid license, expansion, and upgrade customers include:
CenturyLink, Daiwa Securities, Evernote, NASA, McKesson Health
Solutions, Scottish Parliament, Stanford University, Tesco, and U.S.
Department of Health and Human Services.

-- Hosted more than 1,500 customers and partners at 15 SplunkLive! events
in Australia, Germany, Hong Kong, Singapore, Spain, Switzerland and
the U.S., where attendees learned from existing customers how to
leverage their machine data across IT and business use cases.

Product

-- Granted a second U.S. patent for innovative Time-Series Search Engine
Technology.

-- Introduced Splunk App for Enterprise Security 2.0, a major enhancement
to our next-generation security solution for monitoring known threats,
support for forensic investigations, big data analytics to help
identify advanced persistent threats, and dashboards for security
posture and investigation workflows.

-- Introduced Splunk Storm(TM) (beta), a service running in the public
cloud that provides developers and other customers with an elastic,
multi-tenant, scalable, pay-per-use version of Splunk software.

-- Introduced Splunk App for VMware (beta), which collects and analyzes
data from the virtualization layer to enable true end-to-end
visibility in virtualized environments.

Developers

-- Introduced two software development kits (SDKs) for Python and
JavaScript, in beta and preview testing stages respectively. The
Splunk SDKs make it easier for customers to integrate Splunk with
other applications and systems and build custom visualizations of
Splunk data.

Awards

-- The San Francisco Business Times named Splunk one of the "Best Places
to Work" in 2012 for a 5th consecutive year.

-- SC Magazine recognized Splunk with its award for "Best Enterprise
Security Solution - EMEA."

-- Splunk customer Crossroads HK was honored with a ComputerWorld
Laureate's award for their use of Splunk software in organizing
volunteer resources in Asia Pacific.

Key Management Appointments

-- Guido Schroeder, formerly an executive with SAP, joined Splunk as
senior vice president of products.

-- James Murray, formerly an executive with Autonomy, joined Splunk as
vice president and general manager of EMEA.

Financial Outlook As of May 31, 2012, the company is providing the following guidance for its fiscal second quarter 2013 ending July 31, 2012:

-- Total revenue is expected to be between $38 million and $40 million.
-- Non-GAAP operating margin is expected to be between negative 8% and
negative 9%.

As of May 31, 2012, the company is providing the following guidance for its fiscal year ending January 31, 2013:

-- Total revenue is expected to be between $174 million and $177 million.
-- Non-GAAP operating margin is expected to be between negative 4% and
negative 5%.

down hard on weaker guidance after a weak ipo to start