Sprinklr Stock Rises On Q4 Earnings, Guidance
Portfolio Pulse from Erica Kollmann
Sprinklr, Inc. (NYSE:CXM) reported Q4 earnings of 12 cents per share, surpassing the consensus estimate of 9 cents, and a 100% increase from the previous year. Quarterly sales were $194.21 million, beating the $188.73 million estimate. The company provided an optimistic outlook for Q1 and FY 2025, with earnings and revenue forecasts exceeding analyst expectations. Shares rose 4.31% after-hours to $13.56.
March 27, 2024 | 9:00 pm
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Sprinklr's Q4 earnings surpassed estimates with a significant year-over-year growth, and the company provided a positive outlook for the future, leading to a 4.31% increase in after-hours trading.
Sprinklr's Q4 earnings beat and positive future guidance directly impact investor sentiment and the stock's value. The significant year-over-year growth and optimistic outlook for Q1 and FY 2025 suggest strong future performance, likely leading to increased investor confidence and a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100