Sprinklr Eyes Long-Term Growth With 'Project Bear Hug' Despite Customer Churn Concerns: Analyst

Rosenblatt analyst Catharine Trebnick maintained Sprinklr CXM with a Buy and a $12 price target on Thursday.Sprinklr’s results demonstrated progress and its ongoing transformation, Trebnick said. The company reported: Total revenue of $205.5 million (+5% Y/Y), beating the Street estimate of $201.8 million and coming in above guidance of $201.5 million-$202.5 million.A 4% Y/Y increase in Subscription revenue to $184.1 million, surpassing consensus estimates by $1 million and generating 90% of total revenue, ...