===Sprinklr (CXM) reported earnings on Wed 6 June 24 (a/h)

 

Sprinklr appoints Trac Pham as co-Chief Executive Officer, effective immediately

Mr. Pham will be Co-CEO, partnering with Founder and Co-CEO Ragy Thomas in an effort to drive growth and scale.

Sprinklr beats by $0.02, reports revs in-line; guides Q2 EPS below consensus, revs below consensus; guides FY25 EPS above consensus, revs below consensus

• Reports Q1 (Apr) earnings of $0.09 per share, excluding non-recurring items, $0.02 better than the FactSet Consensus of $0.07; revenues rose 13.0% year/year to $195.96 mln vs the $194.38 mln FactSet Consensus.
  • RPO and cRPO up 30% and 19% year-over-year, respectively.
• Co issues downside guidance for Q2, sees EPS of $0.06-0.07, excluding non-recurring items, vs. $0.09 FactSet Consensus; sees Q2 revs of $194-195 mln vs. $196.98 mln FactSet Consensus.
• Co issues mixed guidance for FY25, sees EPS of $0.40-0.41 (up from $0.38-0.39), excluding non-recurring items, vs. $0.38 FactSet Consensus; sees FY25 revs of $779-781 mln (down from $804.5-805.5 mln) vs. $805.42 mln FactSet Consensus.
• Mr. Pham will be Co-CEO, partnering with Founder and Co-CEO Ragy Thomas in an effort to drive growth and scale.