Splunk Inc. (NASDAQ:SPLK) Files An 8-K Regulation FD DisclosureItem 7.01Regulation FD Disclosure.
Effective February 1, 2018, Splunk Inc. (the "Company") adopted the Accounting Standards Update (ASU) No. 2014-09,Revenue from Contracts with Customers ("Topic 606"), using the full retrospective method. The Company is furnishing this Form8-Kunder Regulation FD to present the Company’s previously reported quarterly financial information for fiscal year 2018 on a basis consistent with Topic 606.
Refer to Exhibit99.1 for the previously reported quarterly financial information for fiscal year 2018 as adjusted on a basis consistent with Topic 606. The condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes included in the Annual Report on Form 10-K for the fiscal year ended January 31, 2018, filed with the SEC on March 30, 2018 and the condensed consolidated financial statements and notes, in particular Note 1, Description of the Business and Significant Accounting Policies, and the risk factors contained in Part II, Section 1A of our Quarterly Report on Form 10-Q for the fiscal quarter ended April 31, 2018, filed with the SEC on June 8, 2018.
The information contained herein and in the accompanying exhibit shall not be deemed "filed" for purposes of Section18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference in any filing under the Securities Act of 1933, as amended, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.
Item 9.01Financial Statements and Exhibits.
Splunk Inc.’s Quarterly Financial Information for Fiscal Year 2018 Adjusted for Topic 606.
SPLUNK INC ExhibitEX-99.1 2 asc606adoptionfy18ex-991.htm EXHIBIT 99.1 Exhibit Exhibit 99.1 SPLUNK INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(In thousands,…To view the full exhibit click
About Splunk Inc. (NASDAQ:SPLK)
Splunk Inc. is a provider of software solutions. The Company’s offerings enable users to collect, index, search, explore, monitor and analyze data. It operates through the development and marketing of software solutions segment, which enables its customers to gain real-time operational intelligence by harnessing the value of their data. The Company’s offerings address diverse data sets that are referred to as big data and are specifically used for machine-generated data. Machine data is produced by various software application and electronic device in an organization and contains a definitive, time-stamped record of various activities, such as transactions, customer and user activities and security threats. The Company’s products help users in various roles, including information technology (IT), security and business professionals, to analyze their machine data and achieve real-time visibility into and intelligence about their organization’s operations.