financetom
Business
financetom
/
Business
/
Sprinklr Stock Rises On Q4 Earnings, Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sprinklr Stock Rises On Q4 Earnings, Guidance
Mar 27, 2024 2:34 PM

Sprinklr, Inc. ( CXM ) shares are trading higher after the company reported its fourth-quarter financial results Wednesday after the bell. Here's a look at the highlights. 

The Details:

Sprinklr ( CXM ) reported quarterly earnings of 12 cents per share which beat the analyst consensus estimate of 9 cents by 33.33% and represents a 100% increase over earnings of 6 cents per share from the same period last year.

The company clocked quarterly sales of $194.21 million which beat the analyst consensus estimate of $188.73 million and is a 17.47% increase year-over-year.

“We are pleased with Sprinklr’s fourth quarter performance and overall success in FY 24. Our vision is clear: to unify customer-facing teams on an AI-powered platform. We’re strengthening our foundation and recruiting top-tier leaders to fuel our next phase of growth. With strong conviction, we believe we are the natural third or fourth front office platform for global brands at the forefront of exceptional customer experience,” said Ragy Thomas, Sprinklr ( CXM ) CEO.

Outlook: 

Sprinklr ( CXM ) sees first-quarter earnings of 7 cents per share, versus the 8 cents per share estimate and first-quarter revenue in a range of $194 million and $195 million, verus the $193.18 million estimate.

The company expects fiscal year 2025 earnings between 38 cents and 39 cents per share, versus the 38 cents per share estimate and fiscal year revenue between $804.5 million and $805.5 million, versus the $801.89 million estimate.

Related News: What’s Going On With Medical Properties Trust Stock?

CXM Price Action: According to Benzinga Pro, Sprinklr ( CXM ) shares are up 4.31% after-hours at $13.56 at the time of publication Wednesday.

Image: Gerd Altmann from Pixabay

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Design software firm Figma expected to price IPO at $33, Bloomberg reports
Design software firm Figma expected to price IPO at $33, Bloomberg reports
Jul 30, 2025
July 30 (Reuters) - Design software firm Figma is expected to price its U.S. initial public offering at $33 per share, Bloomberg News reported, citing people familiar with the matter. ...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Figma raises $1.2 billion in US IPO after pricing above range
Figma raises $1.2 billion in US IPO after pricing above range
Jul 30, 2025
July 30 (Reuters) - Design software firm Figma and some of its shareholders raised $1.22 billion in the design software firm's U.S. initial public offering after its shares were priced above the expected range. The San Francisco, California-based firm priced its shares at $33 each, above its targeted range of $30 to $32 apiece. Investor appetite for high-growth technology firms...
Trump issues blitz of tariff announcements on copper, Brazil, small-value imports
Trump issues blitz of tariff announcements on copper, Brazil, small-value imports
Jul 30, 2025
* Trump announces tariffs on copper, Brazil, and small-value shipments * Copper prices drop 17% after tariff announcement * South Korea negotiates with US to avoid 25% tariffs before August 1 deadline * Brazil levies tied to prosecution of Bolsonaro By Ernest Scheyder, David Shepardson and Gabriel Araujo July 30 (Reuters) - U.S. President Donald Trump on Wednesday issued a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved