Splunk Inc. (SPLK) Q2 2023 Earnings Call Transcript

For the period ending July 31, 2022

August 24, 2022 4:30 p.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good day and thank you for standing by. Welcome to Splunk Inc.'s Second Quarter 2023 Financial Results Conference Call. At this time, all participants are in listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Ken Tinsley. Please go ahead.

Ken Tinsley

Thank you, operator, and good afternoon. With me on the call today are Gary Steele and Jason Child. After market closed today, we issued our press release, which is also posted on our Investor Relations website, along with supplemental material. This conference call is being broadcast live via webcast, and following the call, an audio replay will be available on our website.

On today's call, we will be making forward-looking statements, including financial guidance and expectations including our long-term growth and profitability, our forecast for our third quarter and full year of fiscal 2023 and our future expectations of revenues, cloud mix, total ARR and cloud ARR, cloud gross margin, operating margin, operating and free cash flows and Rule of 40 scale as well as trends in our markets and our business, our strategies and expectations regarding our business, products, technology customers, demand and markets. These statements are subject to risks and uncertainties and based on our assumptions as to the macroeconomic environment and reflect our best judgment based on factors currently known to us.

Actual events or results may differ materially. Please refer to documents we file with the SEC, including the Form 8-K filed with today's press release. Those documents contain risks and other factors that may cause our actual results to differ from those contained in our forward-looking statements. These forward-looking statements are being made as of today, and we disclaim any obligation to update or revise these statements. If this call is reviewed after today, the information presented during this call may not contain current or accurate information.

We will also discuss non-GAAP financial measures which are not prepared in accordance with generally accepted accounting principles. A reconciliation of GAAP and non-GAAP results is provided in the press release and on our website.

With that, let me turn it over to Gary.

Gary Steele