By Katherine Hamilton
Sprinklr shares fell after the company lowered its full-year sales guidance.
The stock fell 5.5% to $5.31 in pre-market trading Wednesday. Through the close, shares were down 28% this year.
The cloud-based software company said it now expects revenue in the full fiscal year to be $866.5 million to $868.5 million, down from a prior range of $869 million to $871 million.
The guidance came after first-quarter sales rose 7%.
Sprinklr expects revenue in the current quarter to be $214 million to $215 million, just shy of the $215.6 million Wall Street is projecting.
Sprinklr raised its adjusted earnings per share forecast to 48 cents to 49 cents, up from a prior 47 cents to 48 cents range.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
June 03, 2026 09:09 ET (13:09 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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