NEW YORK - Sprinklr Inc. (NYSE:CXM) shares jumped 5.68% in after-hours trading on Monday after the customer experience management platform reported third-quarter results that beat analyst expectations.
The company posted adjusted earnings per share of $0.10, surpassing the analyst consensus estimate of $0.08. Revenue for the quarter came in at $200.7 million, exceeding Wall Street's forecast of $196.48 million and representing an 8% year-over-year increase.
"Sprinklr's third quarter results delivered a 12% non-GAAP operating margin and positive free cash flow," said Rory Read, Sprinklr's President and CEO.
Subscription revenue, which makes up the bulk of Sprinklr's top line, grew 6% YoY to $180.6 million. The company reported 147 customers with over $1 million in annual recurring revenue, up 20% from the same period last year.
For the full fiscal year 2025, Sprinklr expects revenue between $793.9 million and $794.9 million, below the analyst consensus of $786 million. The company forecasts adjusted EPS of $0.31 to $0.32, slightly under Wall Street's expectation of $0.33.
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