The OCSF project will help organizations detect, investigate and stop cyberattacks faster and more effectively by removing time-consuming, up-front normalization tasks. Splunk Among Top Cybersecurity Leaders Contributing to the Open Cybersecurity Schema Framework (OCSF) Project: Eighteen technology and cybersecurity leaders recently launched an open-source project that defines a common standard for cybersecurity data.Splunk Named a Leader for the Ninth Consecutive Time in 2022 Gartner® Magic Quadrant™ for Security Information and Event Management* (SIEM): Splunk has continued to innovate its flagship security solution, Splunk Enterprise Security, as well as the rest of the organization’s integrated security portfolio including Splunk Intelligence Management, Splunk SOAR Cloud, Splunk Enterprise 9.0 and Splunk Cloud Platform.As a result, we are increasing our full-year outlook for total revenues, profitability and free cash flow.” “In addition to our strong top line results, we also made good progress on our expense reduction during the quarter. “We remain focused on balancing long-term durable growth with profitability,“ continued Steele. ![]() The world’s largest and most innovative enterprises continue to invest in our platform and make their businesses more resilient through faster insights and action across security, IT and DevOps.” “Our results underscore the value our customers place in Splunk. “We delivered another solid quarter, with total revenues up 40 percent year-over-year,” said Gary Steele, President and CEO of Splunk. Customers with total ARR greater than $1 million grew 19% to 754 year-over-year.Cloud Dollar-Based Net Retention Rate was 127%.GAAP operating margin was (2.1%) Non-GAAP operating margin was 21.3%. ![]()
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