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Oct 31, 2021
Sprinklr Q3 2022 Earnings Report
Sprinklr's Q3 2022 financial results were announced, showcasing revenue growth and continued focus on Unified-CXM.
Key Takeaways
Sprinklr reported a 32% year-over-year increase in total revenue, reaching $127.1 million for the third quarter of fiscal year 2022. Subscription revenue also saw a significant rise, growing by 29% year-over-year. The company's focus on Unified-CXM and AI-driven solutions continues to drive growth and customer acquisition.
Total revenue reached $127.1 million, a 32% increase year-over-year.
Subscription revenue grew to $109.9 million, up 29% year-over-year.
Sprinklr has 80 customers with over $1 million in subscription revenue, a 29% increase year-over-year.
The company is well-positioned to unify customer experiences across various channels through its Unified-CXM platform.
Sprinklr
Sprinklr
Sprinklr Revenue by Segment
Revenue by Segment
Subscription Revenue
CapyFin.comProfessional Services Revenue
CapyFin.com Forward Guidance
Sprinklr provided financial guidance for the fourth fiscal quarter ending January 31, 2022, including subscription revenue between $113 million and $115 million, and total revenue between $129 million and $131 million.
Positive Outlook
- Subscription revenue is expected to be between $113 million and $115 million.
- Total revenue is projected to be between $129 million and $131 million.
- Sprinklr is focusing on growing revenue.
- Sprinklr is expanding its customer base.
- Sprinklr is innovating its Unified-CXM platform.
Challenges Ahead
- Non-GAAP operating loss is expected to be between $21 million and $23 million.
- Non-GAAP net loss per share is projected to be between $0.08 and $0.09.
- Sprinklr anticipates operating at a loss.
- Sprinklr is facing challenges in achieving profitability.
- Sprinklr is managing expenses to improve financial performance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income