Is Splunk worth a punt?

Splunk was founded 20 years ago to streamline and organise corporate data, a resource that’s often inaccessible and underutilised.

Nasdaq-listed Splunk has a market cap of $16.50 billion, but that might grow further following blowout Q2 earnings of 71 cents, up from just 9 cents in Q2 2022.

Splunk also guided higher for Q3 23 and now expe...