Splunk CEO Doug Merritt broke down how the company provides services to manage large amounts of data used to run e-commerce company Shopify. To see more of the interview with Merritt sign up for a free trial to CNBC Pro: https://cnb.cx/3ebX5SM
The analytics software company saw its shares fall 2.6% after trading higher earlier in the day. The rise came after Splunk reported quarterly results that topped expectations. Splunk posted adjusted quarterly profit of 38 cents per share, well above the consensus estimate of 4 cents, according to Refinitiv. The company also delivered stronger-than-expected sales in the last quarter.
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