Sprinklr Shares Up 20% Following Q4 Beat
<p><a href='https://financialmodelingprep.com/financial-summary/CXM'>Sprinklr, Inc. (NYSE:CXM) </a>shares rose around 20% Thursday afternoon following the company’s reported Q4 results, with EPS of ($0.05) coming in better than the consensus estimate of ($0.09). Revenue grew 30% year-over-year to $136 million, beating the consensus estimate of $130.38 million. Subscription revenue rose 31% year-over-year to $117.7 million, above the consensus of $113.9 million.</p>
<p>Analysts at Oppenheimer provided their views on the company, stating that the good sales execution and accelerating growth in Q4 revenue and RPO results lend good support to their durable growth view of the company. The analysts believe the company stands well-positioned to capitalize on a large and fast-growing experience management market, but also note investment headwinds from the overall business efficiency lagging peers and that Q1/23 is likely the peak growth quarter from tougher subsequent year-over-year comparisons.</p>
<p>The company provided its outlook for Q1, expecting subscription revenue to range from $123 million to $125 million, and total revenue to range from $140 million to $142 million.</p>

NYSE:CXM