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by manicennui 1001 days ago
Their revenue is increasing and their losses are decreasing. They are fairly close to profitability. This is just nonsense.
2 comments

They're profitable now with Cisco acquiring them. They'll trim the company by at least 20% through restructuring either out or to other places of Cisco.

They'll pick up another 10-20% capex/open/cogs on private pricing that Cisco gets.

Great M&A if Cisco manages to maintain Splunk's customer base. I look at Splunk as the Oracle DB of the world now, does anything a giant enterprise can imagine, but is old and costs a leg & arm.

idk it's just my anecdote