Sprinklr, Inc. (CXM) saw its stock price soar 8.90% during intraday trading on Wednesday, marking a significant upward movement for the customer experience software firm.
The surge follows the company's release of its fourth-quarter fiscal 2026 results, which showed adjusted earnings per share of $0.13, beating the analyst consensus estimate of $0.10 by 35.42%. Quarterly revenue reached $220.592 million, exceeding estimates of $216.920 million and representing an 8.91% year-over-year increase. Furthermore, Sprinklr provided an optimistic forecast for the first quarter, projecting revenue between $215.5 million and $216.5 million, above analysts' average estimate of $214.5 million.
Additional positive catalysts included the announcement of a new $200 million stock repurchase program, with an immediate $125 million accelerated share repurchase component, and the initiation of fiscal 2027 guidance with adjusted EPS expected in the range of $0.47 to $0.48.
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