Benzinga | Aug 25, 2021 04:05PM EDT

Splunk Sees Q2 Sales $625M-$650M vs $636.89M Est., FY22 Sales $2.53B-$2.60B vs $2.53B Est.

Financial Outlook

The company is providing the following guidance for its fiscal third quarter 2022 (ending October 31, 2021):

* Cloud ARR is expected to be between $1.10 billion and $1.11 billion.

* Total ARR is expected to be between $2.8 billion and $2.825 billion.

* Total revenues are expected to be between $625 million and $650 million.

* Non-GAAP operating margin is expected to be between negative 15% and negative 20%.

The company is providing the following guidance for its fiscal year 2022 (ending January 31, 2022):

* Cloud ARR is expected to be between $1.305 billion and $1.330 billion.

* Total ARR is expected to be between $3.085 billion and $3.135 billion.

* Total revenues are expected to be between $2.53 billion and $2.60 billion.

* Non-GAAP operating margin is expected to be between negative 14% and negative 17%.

* Operating Cash Flow is expected to be approximately $100 million.