About a third of the chip maker’s sales come from videogamers who covet cutting-edge graphics performance and whose buying decisions waver with their spending power. Read More...
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Splunk Earnings and Revenue Crush Estimates
Splunk posted better-than-expected results for its fiscal second quarter ended July 31, while boosting its revenue outlook for the January 2023 fiscal year. A provider of data security and IT monitoring software, Splunk (ticker: SPLK) posted revenue of $799 million, up 32% from a year ago, and well ahead of the company’s forecast of $735 million to $755 million. “Splunk is well positioned to deliver long-term, durable growth and profitability as we help the world’s largest and most innovative enterprises improve their cybersecurity and business resilience,” CEO Gary Steele said in a statement.
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