Sprinklr, Inc (NYSE:CXM) reported better-than-expected fiscal first-quarter 2026 results on Wednesday.
The quarterly sales of $205.5 million beat the analyst consensus estimate of $203.3 million, and adjusted EPS of 12 cent beat the analyst consensus estimate of $0.10.
Subscription revenue increased 3.8% Y/Y to $184.13 million.
Sprinklr expects fiscal 2026 revenue of $825.00 million-$827.00 million (prior 821.50 million-$823.50 million) vs. the consensus estimate of $821.94 million. The company projects subscription revenue of $741 million-$743 million. The company raised its adjusted EPS to $0.39-$0.40 (prior $0.38-$0.39) versus the $0.38 consensus estimate.
For the second quarter, the company sees revenue of $205.00 million-$206.00 million vs. analyst estimate $207.16 million and adjusted EPS of $0.10 (vs. street view of $0.10). The company projects subscription revenue of $184 million-$185 million.
Sprinklr shares fell 2.4% to close at $8.86 on Thursday.
These analysts made changes to their price targets on Sprinklr following earnings announcement.
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