Splunk touts growth of annual recurring revenue and cloud sales and the popularity of the new pricing/purchase options it began offering in late 2019. Machine data management software developer Splunk ...

(1) Calculated based on 163,615 weighted-average shares of common stock.

With a new strategic partnership with Google Cloud fueling its cloud initiatives, Splunk aims to have 60 percent of its revenue generated by its cloud-based software by the company’s fiscal 2023.

Besides Google, Splunk is perhaps the only other technology company whose name is being used as a verb that defines its value to users. In Splunk’s case, it is about splunking – or turning data into ...