Splunk looks for new CFO as Child leaves for new gig


Splunk Inc. SPLK, -2.04% said late Monday that Jason Child, the company’s chief financial officer since 2019, will step down in early November to accept “a position at a leading pre-IPO semiconductor company.” Splunk said it’s hired an executive search firm to find a new CFO, and reiterated its outlook for the third quarter and year. Splunk last forecast third-quarter revenue of $835 million to $855 million, and annual revenue of $3.35 billion to $3.4 billion. Analysts surveyed by FactSet expect revenue of $848.1 million for the third quarter, and $3.39 billion for the year. Splunk shares were flat after hours, following a 2% decline Monday to close at $79.38.

This article was originally published by Marketwatch.com. Read the original article here.

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