Splunk Inc. (SPLK) Q4 2023 Earnings Call Transcript

For the period ending January 31, 2023

March 1, 2023 4:30 p.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good afternoon, and welcome to the Splunk Inc. Fourth Quarter 2023 Financial Results Conference Call. All participants are listen-only mode. After the speaker's presentation, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference call is being recorded.

I would now like to turn the call over to Ken Tinsley, Vice President of Investor Relations. Thank you. Please go ahead.

Ken Tinsley

Thank you, Julian, and good afternoon. With me on the call today is Gary Steele and Brian Roberts. After market closed today, we issued our earnings press release, which is also posted on our Investor Relations website, along with supplemental material. This conference call is being webcast live, 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, forecasts of our fourth quarter and full year of fiscal 2024 and our future expectations of revenues, total ARR, net new ARR, cloud mix, non-GAAP OpEx, non-GAAP operating margin, free cash flow, free cash flow margin and equity burn, as well as trends in our markets and our business, our strategies, and our expectations regarding our business, acquisitions products, technology, customers and demand.

These statements are subject to risks and uncertainties and are 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 our Form 10-K and 10-Qs, as well as 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 the 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.