NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- 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=107028&from=3 CLASS PERIOD: March 29, 2023 to June 5, ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Sprinklr, Inc. securities during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The class period for the Sprinklr securities is from March 29, 2023, to June 5, 2024, and the lead plaintiff deadline is October 15, 2024 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [2][5]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. - Founding partner Laurence Rosen has been recognized as a leading figure in the plaintiffs' bar, highlighting the firm's expertise [3]. Group 3: Case Allegations - The lawsuit alleges that Sprinklr's management provided misleading statements regarding the company's revenue outlook and growth potential, downplaying risks associated with seasonality and macroeconomic factors [4]. - It is claimed that Sprinklr shifted focus to a new business venture, Contact Center as a Service (CCaaS), which led to artificially inflated short-term growth projections [4]. - The lawsuit contends that the company lacked adequate forecasting processes, which misled investors until the true situation was revealed [4].

NEW YORK, Oct. 04, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sprinklr, Inc. (NYSE: CXM) between March 29, 2023 and June 5, 2024, both dates inclusive (the "Class Period"), of the important October 15, 2024 lead plaintiff deadline. SO WHAT: If you purchased Sprinklr securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO ...

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 macroeconomic headwinds [2]. - The company’s stock price fell by $5.59 per share, approximately 34%, closing at $11.11 following the announcement of reduced estimates [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 - Following the June 5 announcement, Sprinklr's stock price dropped from $10.84 to $9.20 per share, a decline of over 15% in one day [2]. - The timing of the changes in sales strategy and leadership has surprised analysts, contributing to the negative market reaction [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 in the class action [1][3]. - The deadline for shareholders to seek lead plaintiff status is October 15, 2024, with no cost or obligation to participate [3].

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

Industry Overview - The small and mid-cap software sector is facing significant challenges, particularly for companies lacking growth drivers in artificial intelligence (AI) [1] - Macroeconomic conditions are exerting pressure on enterprise budgets, leading to extended sales cycles [1] Company Insights - Gary Alexander, an analyst with extensive experience in technology, has been actively contributing insights on the software industry since 2017 [1] - His background includes both Wall Street coverage of technology firms and advisory roles for seed-stage startups, providing a comprehensive perspective on current industry trends [1]

NEW YORK, Sept. 27, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sprinklr, Inc. (NYSE: CXM) between March 29, 2023 and June 5, 2024, both dates inclusive (the "Class Period"), of the important October 15, 2024 lead plaintiff deadline. SO WHAT: If you purchased Sprinklr securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO D ...

SAN DIEGO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Sprinklr, Inc. (NYSE: CXM) securities between March 29, 2023 and June 5, 2024. Sprinklr is a software company that provides AIbased "Customer Experience Management" platforms for its client's customer-facing teams. Its products help customers provide customer service across various platforms and in different capacities. ...

NEW YORK, Sept. 23, 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=104014&from=4 CLASS PERIOD: March 29, 2023 to June 5, 20 ...

NEW YORK, Sept. 21, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sprinklr, Inc. (NYSE: CXM) between March 29, 2023 and June 5, 2024, both dates inclusive (the "Class Period"), of the important October 15, 2024 lead plaintiff deadline. SO WHAT: If you purchased Sprinklr securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO D ...