By Adriano Marchese
Sprinklr on Wednesday reported revenue that topped expectations in the first fiscal quarter on the back of stronger subscription revenue, a momentum the company expects to continue for the full fiscal year.
For the period ended April 30, the customer experience management platform reported total revenue in the period that rose to $205.5 million from $196 million, beating analyst forecasts for a more modest rise to $201.8 million, according to FactSet.
Subscription revenue saw a 4% increase to $184.1 million.
Net loss was $1.6 million, or 1 cent a share, compared with a profit of $10.6 million, or 4 cents a share, in the same quarter a year ago.
Adjusted for one off items and exceptional costs, earnings were a share. According to FactSet, analysts were expecting 10 cents a share.
For the next quarter, the company anticipates total revenue to come in between $205 million and $206 million, ahead of Wall Street's forecast for $202.8 million.
Adjusted earnings expectation is pegged at 10 cents, in line with views.
For the full year ended Jan. 31, Sprinklr expects total revenue to be between $825 million and $827 million, beyond the $819.8 million analysts currently expect. Of this, subscription revenue is expected to be between $741 million and $743 million.
Adjusted earnings are projected to be between 39 cents and 40 cents, ahead of analysts' consensus expectation of 38 cents.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
June 04, 2025 08:18 ET (12:18 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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