Sprinklr Posts Q2 EPS of 3 Cents, Beating Expectations
CXM sits 59% above its 52-week low of $4.715 on elevated volume (3.4× avg).
Summary
Sprinklr reported Q2 earnings per share of 3 cents, beating expectations. Revenue was $213.7 million and adjusted EPS was 11 cents. The company guided Q3 revenue to $215 million-$216 million and Q3 adjusted EPS to 11 cents. Full-year revenue is expected to be $866.5 million-$868.5 million, with full-year adjusted EPS of 47 cents. The company has a market cap near $1.8 billion and a $125 million buyback program.
At the time of this announcement, CXM was trading at $7.48 on NYSE in the Technology sector, with a market capitalization of approximately $1.8B. The 52-week trading range was $4.72 to $8.69. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.