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Their revenue is increasing and their losses are decreasing. They are fairly close to profitability. This is just nonsense.
by manicennui 3y ago
Their revenue is increasing and their losses are decreasing. They are fairly close to profitability. This is just nonsense.
- liveoneggs 3y agoidk it's just my anecdote
- ckdarby 3y agoThey'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.