Why Is Sprinklr (CXM) Stock Down 24% Today?

Sprinklr (NYSE:CXM) stock is falling hard on Thursday after the enterprise cloud software company released its earnings report for the first quarter of 2024. The bad news comes from the company's outlook in this latest earnings report. It expects revenue for Q2 2024 to range from $194 million to $195 million. That would see it miss Wall Street's revenue estimate of $196.8 million for the quarter. CXM Stock Earnings Results Adding to that is its adjusted earnings per share estimate of 6 cents to 7 cents for ...