Sprinklr slips in choppy trade after management changes, results

Sprinklr

03/09/2025 13:38

** Shares of enterprise software company Sprinklr CXM.N fall 2.2% to $8.41 in choppy premarket trade after co says CFO, Manish Sarin to depart

** CXM also appoints Scott Millard as new chief revenue officer

** Co's shares initially rose 3.3% after co lifts its FY26 revenue forecast

** Now expects FY26 revenue between $837 mln and $839 mln vs prior forecasts of between $825 mln and $827 mln

** CXM beats Q2 results estimates - data compiled by LSEG

** Three of ten brokerages rate the stock "buy", six "hold" and one "sell"; their median PT is $10 - LSEG data

** Up to last close, stock up 1.8% YTD

(Reporting by Avinash P)

((Avinash.P@thomsonreuters.com;))