Sprinklr Shares Fall on Cut to FY Sales Outlook

Dow Jones06-03
 

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)

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