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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.
Revenue by Segment
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.
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
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