Sprinklr rises on upbeat annual, Q2 forecast
05/06/2023 21:32
** Shares of software firm Sprinklr Inc CXM.N up 6% at
$14.30 in extended trading
** Co lifts annual revenue and profit forecast on rising
subscriptions
** Now expects full-year revenue between $711 mln and $715
mln, while it forecast $710 mln to $714 mln previously
** Sees adjusted EPS of 19 cents to 21 cents, compared to
prior expectation of 13 cents to 15 cents
** CXM also projects Q2 revenue and profit forecast above
Wall Street estimates and beats Q1 revenue and profit
expectations, per Refinitiv data
** Up to today's close, stock had risen over 65% in 2023
(Reporting by Anne Florentyna Gnanaraja Sekar in Bengaluru)
((AnneFlorentyna.GnanarajaSekar@thomsonreuters.com;))