Sprinklr Beats Revenue Estimates with $219.5M in Q1, Posts $10.6M Operating Income
CXM sits 18% above its 52-week low of $4.715.
Summary
Sprinklr reported Q1 FY2027 revenue of $219.5 million, exceeding analyst estimates of $215.89 million, and achieved GAAP operating income of $10.6 million. This marks a significant improvement in GAAP operating margin to 5% from (1)% year-over-year. Total Remaining Performance Obligations (RPO) also grew to $1.04 billion. This detailed earnings report reinforces the positive sentiment from earlier news today regarding an EPS beat and an 8-K detailing better-than-expected Q1 results and a $125 million share buyback. The revenue beat and improved profitability demonstrate strong financial performance and operational execution.
At the time of this announcement, CXM was trading at $5.57 on NYSE in the Technology sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $4.72 to $9.40. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.