NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Sprinklr, Inc. ("Sprinklr" or the "Company") (NYSE: CXM) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Sprinklr investors who were adversely affected by alleged securities fraud between March 29, 2023 and June 5, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/sprinklr-lawsuit-submission-form? ...

Core Viewpoint - Sprinklr, Inc. has faced significant stock price declines due to reduced growth expectations and changes in sales strategy, prompting a class action notice for shareholders [1][2]. Group 1: Company Performance - Sprinklr announced strong Q3 2024 results on December 6, 2023, but subsequently reduced its estimated growth for Q4 and full year 2025, citing "subscription renewal pressures" and "over-rotation" in sales to its CCaaS market [2]. - Following the announcement of reduced estimates, Sprinklr's stock price fell by $5.59 per share, approximately 34%, closing at $11.11 per share [2]. - On June 5, 2024, Sprinklr cut its fiscal year 2025 growth projections by another 3%, down to 7% annual growth, attributing this to reduced customer retention and macroeconomic challenges [2]. Group 2: Stock Price Impact - After the June 5 announcement, Sprinklr's stock price dropped from $10.84 per share to $9.20 per share on June 6, 2024, marking a decline of over 15% in one day [2]. Group 3: Shareholder Actions - Shareholders who purchased shares during the class period from March 29, 2023, to June 5, 2024, are encouraged to register for potential lead plaintiff appointment, with a deadline set for October 15, 2024 [3]. - Registered shareholders will be enrolled in a portfolio monitoring system to receive updates throughout the case lifecycle [3].

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Sept. 09, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Sprinklr, Inc. ("Sprinklr" or the "Company") (NYSE: CXM) investors of a class action representing investors that bought securities between March 29, 2023 and June 5, 2024, inclusive (the "Class Period"). Sprinklr investors have until October 15, 2024 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portno ...

NEW YORK, Sept. 5, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Sprinklr, Inc. (NYSE: CXM). Shareholders who purchased shares of CXM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/sprinklr-loss-submission-form/?id=100104&from=4 CLASS PERIOD: March 29, 2023 to June 5, 202 ...

Core Viewpoint - A class action lawsuit has been filed against Sprinklr, Inc. for allegedly misleading investors about its challenges in scaling the Contact Center as a Service (CCaaS) market, leading to inflated stock prices during the class period [1][2]. Group 1: Allegations and Misleading Statements - The lawsuit claims that Sprinklr provided overly positive statements while concealing material adverse facts regarding difficulties in scaling the CCaaS market, which contributed to a slowdown in growth initiatives [2]. - On December 6, 2023, Sprinklr reported a sequential decrease in the number of customers spending over $1 million and reduced its growth estimate for the fourth quarter and fiscal year 2025 from 16% to 10%, resulting in a stock price drop of over 33% [3]. - On June 5, 2024, Sprinklr further reduced its fiscal year 2025 growth projections to 7%, attributing this to decreased customer retention and macroeconomic headwinds, causing a decline in stock price of more than 15% [4]. Group 2: Legal Proceedings and Participation - Shareholders wishing to serve as lead plaintiffs in the class action must file their papers by October 8, 2024, although participation is not required to be eligible for recovery [5]. - Robbins LLP, the law firm handling the case, emphasizes its commitment to shareholder rights and has recovered over $1 billion for shareholders since its inception [6].

Sprinklr, Inc. (NYSE:CXM) Q2 2025 Earnings Call Transcript September 4, 2024 5:00 PM ET Company Participants Eric Scro - VP of Finance Ragy Thomas - Founder and Co-CEO Trac Pham - Co-CEO Manish Sarin - CFO Conference Call Participants Willow Miller - William Blair Pinjalim Bora - JPMorgan Elizabeth Porter - Morgan Stanley Jackson Ader - KeyBanc Capital Markets Matt VanVliet - BTIG Michael Berg - Wells Fargo Jack McShane - Stifel Catharine Trebnick - Rosenblatt Securities Austin Cole - Citizens JMP Clark Wri ...

For the quarter ended July 2024, Sprinklr (CXM) reported revenue of $197.21 million, up 10.5% over the same period last year. EPS came in at $0.06, compared to $0.10 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $194.58 million, representing a surprise of +1.35%. The company delivered an EPS surprise of -14.29%, with the consensus EPS estimate being $0.07. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

Sprinklr (CXM) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -14.29%. A quarter ago, it was expected that this customer experience software developer would post earnings of $0.07 per share when it actually produced earnings of $0.09, delivering a surprise of 28.57%. Over the last fo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40528 Sprinklr, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware (State or other Jurisdiction of Incorporati ...

Sprinklr Announces Second Quarter Fiscal 2025 Results • Q2 Total Revenue of $197.2 million, up 11% year-over-year • Q2 Subscription Revenue of $177.9 million, up 9% year-over-year • Q2 net cash provided by operating activities of $21.3 million and free cash flow* of $16.5 million • RPO and cRPO up 10% and 9% year-over-year, respectively • 145 $1 million customers, up 21% year-over-year • Recorded a $10.1 million credit loss charge in Q2 NEW YORK, New York--September 4, 2024--Sprinklr (NYSE: CXM), the unifie ...