Sprinklr Stock Dips After Mixed Q2 Results, Mixed FY Guidance
Portfolio Pulse from Erica Kollmann
Sprinklr Inc. (NYSE:CXM) reported mixed Q2 results with earnings slightly below expectations but revenue exceeding estimates. The company raised its fiscal-year revenue forecast but lowered its earnings outlook, leading to a 3.38% drop in share price after-hours.
September 04, 2024 | 8:39 pm
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Sprinklr's Q2 earnings missed expectations, but revenue exceeded estimates. The company raised its fiscal-year revenue forecast but lowered its earnings outlook, causing a 3.38% drop in share price after-hours.
Sprinklr's earnings per share missed analyst expectations, which is typically negative for stock prices. Although revenue exceeded expectations and the fiscal-year revenue forecast was raised, the lowered earnings outlook suggests potential challenges ahead, contributing to the after-hours share price decline.
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