Sprinklr Q1 2024 Earnings Report
Key Takeaways
Sprinklr reported a strong start to fiscal year 2024 with a 20% year-over-year increase in total revenue, reaching $173.4 million. Subscription revenue grew by 24% year-over-year to $157.7 million. The company reported its first-ever GAAP net income as a publicly traded company and generated $14.3 million in free cash flow.
Total revenue increased by 20% year-over-year, reaching $173.4 million.
Subscription revenue grew by 24% year-over-year, totaling $157.7 million.
Sprinklr reported its first GAAP net income as a publicly traded company.
Free cash flow was $14.3 million for the quarter.
Sprinklr
Sprinklr
Sprinklr Revenue by Segment
Forward Guidance
Sprinklr is providing the following guidance for the second fiscal quarter ending July 31, 2023:Subscription revenue between $158 million and $160 million. Total revenue between $172 million and $174 million. Non-GAAP operating income between $11 million and $13 million. Non-GAAP net income per share between $0.04 and $0.05, assuming 270 million weighted-average shares outstanding.
Positive Outlook
- Subscription revenue between $158 million and $160 million.
- Total revenue between $172 million and $174 million.
- Non-GAAP operating income between $11 million and $13 million.
- Non-GAAP net income per share between $0.04 and $0.05.
Revenue & Expenses
Visualization of income flow from segment revenue to net income