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Splunk's Fiscal Q2 Revenue Declined: Here's Why That's Good News

·4 min read
Splunk's Fiscal Q2 Revenue Declined: Here's Why That's Good News

Splunk's fiscal second-quarter performance looked ugly. In contrast to competitors that have recently posted strong double-digit revenue growth, the data specialist's top line declined despite sales and marketing expenses reaching almost two-thirds of revenue. Splunk offers solutions to store, monitor, and analyze data from applications and devices.