What to Expect From Splunk's Q4 Results?
<p>Analysts at RBC Capital provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/SPLK'>Splunk Inc. (NASDAQ:SPLK) </a>ahead of the company’s Q4 results, mentioning that they like the setup into earnings but more broadly into the full 2023-year. </p>
<p>Following positive Q3, the analysts expect the company to deliver solid results as the next catalyst could be a CEO announcement as well as accelerating CF. </p>
<p>Overall, the analysts look for follow-through from Q3 momentum that saw an acceleration in cloud ARR to +75% growth, which as a reminder puts near-term pressure on revenue, which is reflected in guidance, as Q4 is expected to have a 70% cloud-mix, compared to 60% in Q3. </p>
<p>Thinking through the CEO search, on the Q3 earnings call, management noted it was still early, but the analysts said they believe it could be several more months, potentially going into Q1/23, before a candidate is named.</p>

NASDAQ:SPLK