Company Overview - Sprinklr operates as a leading provider of enterprise customer experience software, focusing on a unified platform that connects and analyzes customer interactions across various channels [6][7] - As of February 17, 2026, Sprinklr's stock price was $5.57, with a market capitalization of $1.41 billion and a total revenue of $796.39 million over the trailing twelve months (TTM) [4][6] - The company reported a net income of $121.61 million TTM, indicating a solid financial performance [4] Recent Developments - Battery Management Corp. sold 374,479 shares of Sprinklr, valued at approximately $2.85 million, during the fourth quarter of 2025, leading to a decrease in the fund's position in Sprinklr by $2.75 million [2][6] - Following this transaction, Sprinklr now represents 2.99% of Battery Management's assets under management (AUM), down from 4.1% in the previous quarter [6][11] Financial Performance - In its latest earnings release, Sprinklr reported third-quarter revenue of $219.1 million, reflecting a 9% year-over-year increase, with subscription revenue rising 5% to $190.3 million [9] - The company achieved a non-GAAP operating margin of 15% and generated $15.5 million in free cash flow during the quarter, indicating effective cash management [9] - However, remaining performance obligations declined by 5% year over year, and the stock has experienced a 40% decline over the past 12 months, significantly underperforming the S&P 500 by 49.89 percentage points [10][6] Market Position - Sprinklr's competitive edge lies in its comprehensive product suite and ability to serve complex, global clients with integrated, data-driven solutions [8] - The company's focus on large global brands and enterprises seeking integrated customer engagement solutions positions it well in the market [7]

Core Viewpoint - Elauwit Connection, Inc. has appointed Michele Levingston as Vice President of Customer Experience, aiming to enhance customer relationships and improve service quality across the organization [1][4]. Group 1: Company Overview - Elauwit Connection, Inc. is a national managed services provider specializing in turnkey broadband and property-wide WiFi networks for multifamily, student housing, and senior living communities [1][5]. - The company focuses on delivering premium connectivity solutions that support new revenue streams, resident retention, and increased asset value for property owners [6]. Group 2: Leadership Appointment - Michele Levingston brings nearly four decades of experience in the telecommunications industry, with a strong background in customer success, account management, and customer experience [2][3]. - Her role at Elauwit will involve strengthening customer relationships and ensuring a consistent, high-impact customer experience throughout the organization [3][5]. - Taylor Jones, President and CTO of Elauwit, expressed enthusiasm about Levingston's appointment, highlighting her unique perspective that connects strategy with execution [4].

Financial Data and Key Metrics Changes - Total revenue for Q3 grew 9% year-over-year to $219.1 million, while subscription revenue increased 5% year-over-year to $190.3 million [4][16] - Non-GAAP operating income was $33.5 million, resulting in a 15% non-GAAP operating margin for the quarter [4][19] - Free cash flow for Q3 was $15.5 million, with a year-to-date total of $126 million [19][24] - Subscription revenue-based net dollar expansion rate was 102%, showing stabilization [17] Business Line Data and Key Metrics Changes - Professional services revenue was $28.8 million, driven by large CCaaS rollouts expected to translate into future software subscription revenue [17] - The number of customers contributing $1 million or more in subscription revenue decreased by four to 145, but revenue from this cohort grew 9% year-over-year [18] Market Data and Key Metrics Changes - Total remaining performance obligations (RPO) were $857.6 million, down 5% year-over-year, while current RPO was $562.2 million, up 3% year-over-year [20][21] - The company expects total billings of approximately $320 million for Q4, traditionally the strongest quarter [22] Company Strategy and Development Direction - The company is focused on deepening engagement with its top 700 customers through Project Bear Hug, which aims to improve renewal rates and customer relationships [9][31] - The strategy includes leveraging AI capabilities to enhance customer experience and operational efficiency [5][10] - The company is in a transitional year, with plans to embed operational changes and drive sustainable growth [8][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strategy and noted improvements in key metrics, but emphasized the need for continued execution and patience [28][56] - The leadership team is aligned and focused on scaling the business with operational discipline [15][16] - Management anticipates that FY27 will provide clearer guidance as the company transitions into an acceleration phase [55] Other Important Information - The company has made significant operational improvements, including streamlining processes and enhancing cross-functional alignment [8] - The balance sheet remains strong, with $480.3 million in cash and marketable securities and no debt [19] Q&A Session Summary Question: How sustainable is the recent revenue performance as the company heads into next year? - Management indicated that while Q3 showed good performance, it is essential to string several quarters together to assess sustainability [28][29] Question: What is the expected impact of Project Bear Hug on troubled accounts? - Project Bear Hug aims to deepen customer relationships and has shown positive metrics, with a net dollar expansion rate of 113% for the $1 million-plus customer cohort [31][32] Question: How is the leadership team stabilizing after recent changes? - Management stated that most senior leadership changes are complete, and the team is experienced and focused on the transformation journey [33][36] Question: How did renewals in Q3 compare to expectations? - Renewals met or exceeded expectations, with improved predictability in metrics, and management is actively managing renewals for upcoming quarters [39][40] Question: What is the company's approach to AI capabilities and investments? - The company views its AI-native platform as critical for unifying customer experience and plans to continue investing in AI capabilities [49][52]

Core Insights - Sprinklr reported financial results for its third fiscal quarter ended October 31, 2025, indicating progress in its transformation to better serve customers and partners [1] - The company expressed optimism about the improving quality of customer engagements and aims to close the year with strong momentum [1] Financial Performance - The financial results for Q3 reflect continued progress in the company's strategic initiatives [1] - The company remains focused on enhancing customer experiences and partnerships [1]

Core Insights - Semrush has appointed Abby Miller as Chief Customer Officer and Tara Haas as Chief of Staff, indicating a strategic focus on enhancing customer experience and scaling operations globally [1] Company Developments - The appointment of Abby Miller is aimed at reinforcing the company's commitment to building a world-class customer experience for both current and future customers [1] - Tara Haas's role as Chief of Staff is part of the company's strategy to improve operational efficiency and support its global expansion efforts [1]