Sprinklr Q3 EPS $0.06 Misses $0.07 Estimate, Sales $186.32M Beat $180.41M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sprinklr (NYSE:CXM) reported Q3 earnings of $0.06 per share, missing the consensus estimate of $0.07 by 14.29%. However, the company saw a 200% increase in earnings compared to last year's $0.02 per share. Quarterly sales were $186.32M, surpassing the $180.41M estimate by 3.28% and marking an 18.49% increase from the previous year's $157.25M.
December 06, 2023 | 9:08 pm
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Sprinklr's Q3 EPS of $0.06 missed estimates by 14.29%, but sales of $186.32M exceeded expectations, showing strong year-over-year growth.
While Sprinklr missed EPS estimates, the significant increase in sales and year-over-year growth may balance investor sentiment. The mixed results could lead to a neutral short-term impact on the stock price as the market digests both the earnings miss and the sales beat.
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IMPORTANCE 75
RELEVANCE 100