Sprinklr Q4 revenue beats; forecasts Q1 total revenue $215.5 mln-$216.5 mln
Overview
Customer experience software firm's fiscal Q4 revenue rose 9% yr/yr, beating analyst expectations
Company authorized new $200 mln stock buyback, with $125 mln accelerated repurchase planned
Outlook
Sprinklr sees Q1 total revenue between $215.5 mln and $216.5 mln
Company expects Q1 non-GAAP net income per share of about $0.09
Sprinklr projects FY 2027 total revenue between $869 mln and $871 mln
Result Drivers
CUSTOMER ENGAGEMENTS - Co said improved quality of customer engagements contributed to Q4 results, per CEO Rory Read
INNOVATION LEADERSHIP - Co cited advances in innovation as a driver of performance, per CEO Rory Read
OPERATING MARGIN EXPANSION - Co reported higher operating margins in Q4, attributing this to transformation efforts
Company press release: ID:nBw20rN4qa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $220.59 mln | $216.92 mln (8 Analysts) |
Q4 EPS |
| $0.04 |
|
Q4 Net Income |
| $8.95 mln |
|
Q4 Gross Profit |
| $144.83 mln |
|
Q4 Operating Expenses |
| $130.66 mln |
|
Q4 Operating Income |
| $14.17 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for Sprinklr Inc is $9.50, about 69% above its March 10 closing price of $5.62
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 16 three months ago
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