Loading...
•
Jul 31, 2021
Sprinklr Q2 2022 Earnings Report
Sprinklr's Q2 2022 financial results were announced, revealing revenue growth and continued adoption of its Unified-CXM platform.
Key Takeaways
Sprinklr reported a 27% year-over-year increase in total revenue, reaching $118.7 million for the second quarter of fiscal year 2022. Subscription revenue also grew by 25% year-over-year, totaling $103.3 million. The company's customer base continues to expand, with 74 customers now paying $1 million or more in subscription revenue.
Total revenue increased by 27% year-over-year to $118.7 million.
Subscription revenue grew by 25% year-over-year to $103.3 million.
Operating loss was $29.3 million, compared to operating income of $4.9 million one year ago.
74 customers are now paying $1 million or more in subscription revenue, up 23% year-over-year.
Revenue by Segment
Forward Guidance
Sprinklr provided guidance for the third fiscal quarter ending October 31, 2021, and the full fiscal year ending January 31, 2022.
Positive Outlook
- Subscription revenue between $104 million and $106 million for Q3 2022.
- Total revenue between $117 million and $119 million for Q3 2022.
- Subscription revenue between $413 million and $418 million for full fiscal year 2022.
- Total revenue between $470 million and $475 million for full fiscal year 2022.
Challenges Ahead
- Non-GAAP operating loss between $24 million and $26 million for Q3 2022.
- Non-GAAP net loss per share between $0.09 and $0.10, assuming 260 million weighted average shares outstanding for Q3 2022.
- Non-GAAP operating loss between $62 million and $66 million for full fiscal year 2022.
- Non-GAAP net loss per share between $0.36 and $0.38, assuming 197 million weighted average shares outstanding for full fiscal year 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...