Overview
Sprinklr fiscal Q3 revenue grows 9% yr/yr, beating analysts' expectations
Adjusted EPS for fiscal Q3 beats consensus
Company's RPO down 5% yr/yr, cRPO up 3% yr/yr
Outlook
Sprinklr expects Q4 subscription revenue between $191 mln and $192 mln
Company forecasts Q4 total revenue between $216.5 mln and $217.5 mln
Sprinklr projects FY26 total revenue between $853 mln and $854 mln
Result Drivers
CUSTOMER ENGAGEMENT - Co cites improved quality of customer engagements as a factor in Q3 performance
RPO DECLINE - Co reports 5% yr/yr decrease in RPO, but notes 3% increase in cRPO
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $219.07 mln | $209.30 mln (9 Analysts) |
Q3 Adjusted EPS | Beat | $0.12 | $0.09 (9 Analysts) |
Q3 EPS | $0.01 | ||
Q3 Net Income | $2.90 mln | ||
Q3 Gross Profit | $145.49 mln | ||
Q3 Operating Expenses | $133.94 mln | ||
Q3 Operating Income | $11.55 mln |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for Sprinklr Inc is $9.50, about 26% above its December 2 closing price of $7.54
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 21 three months ago
Press Release: ID:nBw7BTmlRa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)