24/7 Market News Snapshot 12 March, 2025 – Sprinklr, Inc. (NYSE:CXM)
DENVER, Colo., 12 March, 2025 (247marketnews.com) – (NYSE:CXM) are discussed in this article.
Sprinklr, Inc., a leading provider in unified customer experience management (Unified-CXM), has demonstrated significant momentum in the financial markets after releasing its fourth quarter and fiscal year results for the period ending January 31, 2025. Following a substantial gain of 16.27% in market value, with trading volumes reaching 3.51 million shares, Sprinklr opened at $8.93 and peaked at $9.395, indicating strong investor interest.
In its latest financial report, Sprinklr attained total revenue of $202.5 million for the fourth quarter, representing a 4% increase year-over-year. Subscription revenue, a critical component of its business model, rose to $182.1 million, emphasizing sustained demand for Sprinklr’s innovative service offerings. For the same period, the company’s operating income was recorded at $10.5 million, complemented by a non-GAAP operating income of $25.9 million. This achievement reflects careful expense management even amid market challenges.
President and CEO Rory Read commented on the strong performance, stating, “Our transformation efforts are progressing well, as we refine our go-to-market strategies and enhance product innovation, positioning Sprinklr for sustainable growth.” In view of the full fiscal year, the company reported a total revenue of $796.4 million, marking a 9% annual increase, despite a slight decline in both GAAP and non-GAAP operating income resulting from strategic investments aimed at long-term success.
Looking ahead, Sprinklr has provided optimistic guidance for fiscal year 2026, forecasting total revenues between $821.5 million and $823.5 million, with expected non-GAAP operating income in the range of $129 million to $131 million. As of the end of January, the company maintained a robust cash position of $483.5 million, equipping it to seize future growth opportunities while navigating ongoing market dynamics. This strategic focus on innovation and customer connection reinforces Sprinklr’s commitment to redefining the customer experience landscape on a global scale.