Sprinklr, a customer experience management (CXM) platform provider, reported mixed second-quarter financial results, missing earnings estimates but exceeding revenue expectations. The company also lowered its full-year adjusted earnings per share (EPS) guidance. Despite the mixed results, Sprinklr highlighted its continued customer base expansion and seventh consecutive quarter of positive free cash flow. Analysts have adjusted their price targets for Sprinklr stock following the earnings announcement.
Results for: Sprinklr
Sprinklr Inc., a customer experience management (CXM) platform provider, reported its second-quarter financial results, showing a miss on earnings but a beat on revenue. Despite market challenges, the company remains optimistic about its AI-powered platform and expects continued growth in the coming quarters.
Faruqi & Faruqi, LLP, a prominent national securities law firm, is investigating possible claims against Sprinklr, Inc. The firm is looking into allegations that the company made misleading statements concerning its growth prospects, leading to significant losses for investors. The investigation focuses on Sprinklr’s struggles in the Contact Center as a Service market, its reduced growth estimates, and the impact on its stock price.