We expect $1.3 billion of Cloud ARR and Total ARR of well over $3 billion by fiscal year end as we help our customers accelerate their digital transformations.” “We outperformed in the first half of the year and are well-positioned heading into the second half.
“We delivered another quarter of high growth with Total ARR of $2.63 billion dollars, up 37% year-over-year,” said Jason Child, Chief Financial Officer, Splunk. Our second quarter execution was broad-based with each of our major geographic regions exceeding our own expectations as more and more customers around the world rely on Splunk and our market-leading data platform and cloud-based capabilities.” “We doubled the number of customers with Cloud ARR of $1 million dollars or more as workloads and data continue to shift to cloud. “Our team delivered another strong quarter, validating the high strategic value we deliver to the world’s largest and most dynamic organizations,” said Doug Merritt, President and CEO of Splunk. 582 customers with Total ARR greater than $1 million, up 47% year-over-year.234 customers with Cloud ARR greater than $1 million, up 100% year-over-year.Total revenues were $606 million, up 23% year-over-year.Cloud revenue was $217 million, up 73% year-over-year.
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