BUZZ-Sprinklr rises after forecasting quarterly revenue above estimates
Reuters03-11
BUZZ-Sprinklr rises after forecasting quarterly revenue above estimates
** Shares of enterprise software company Sprinklr CXM.N up 6.1% at $5.96 premarket after co issues upbeat forecast
** CXM expects Q1 revenue between $215.5 million and $216.5 million on higher subscription revenue; analysts, on average, had estimated revenue of $214.5 million - LSEG-compiled data
** Posts Q4 revenue of $220.59 million, beating analysts' average estimate of $216.92 million
** Three out of nine analysts rate stock "buy", five rate it "hold", and one "sell"; their median PT is $9.50 - data compiled by LSEG
** As of last close, CXM stock down 27.7% YTD, following a 7.9% fall in 2025
(Reporting by Tharuniyaa Lakshmi in Bengaluru)
((tharuniyaa@thomsonreuters.com))
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