NYSE$CXM
Sprinklr Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Sprinklr's Q1 2024 financial results were announced, demonstrating revenue growth and improved operational efficiency.
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.
Headline financials
Revenue & EPS history
Sprinklr · Revenue · Quarterly
$173M
Revenue by segment
Sprinklr · $173M total across 2 segments · Q1 2024
- Subscription$158M+23.8%90.9%
- Professional services$15.7M-11.1%9.1%
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.
Tailwinds
- 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.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2024
+1.5%
Avg return
Earnings day
+0.5%
Avg return
5 days after
-3.8%
Avg return
30 days after
60%
15 / 25 earnings
Positive
+20.2%
Q4 2023
Best reaction
-33.6%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | -3.2% | -3.7% | — | |
| Q4 2026 | +6.4% | +2.1% | -3.9% | |
| Q3 2026 | +3.1% | +2.7% | -2.9% | |
| Q2 2026 | -10.0% | -8.0% | -9.7% | |
| Q1 2026 | +0.0% | +6.7% | +13.9% | |
| Q4 2025 | +16.6% | +6.9% | -10.1% | |
| Q3 2025 | +5.1% | +9.3% | +6.4% | |
| Q2 2025 | -9.5% | -13.2% | -13.4% | |
| Q1 2025 | -14.1% | -16.3% | -7.0% | |
| Q4 2024 | -4.3% | -5.0% | -6.9% | |
| Q3 2024 | -33.6% | -33.5% | -29.2% | |
| Q2 2024 | +0.4% | +0.7% | -9.8% | |
| Q1 2024 | +11.5% | +4.8% | +3.2% | |
| Q4 2023 | +20.2% | +20.8% | +12.4% | |
| Q3 2023 | -0.4% | +2.9% | -5.3% | |
| Q2 2023 | +7.0% | +8.7% | -14.9% | |
| Q1 2022 | +5.2% | +4.5% | +5.1% | |
| Q1 2023 | +5.2% | +4.5% | +5.1% | |
| Q4 2020 | +0.1% | +0.1% | -20.0% | |
| Q4 2022 | +16.9% | +17.0% | +11.9% | |
| Q3 2021 | +17.1% | +11.8% | +9.5% | |
| Q3 2022 | +6.5% | +3.8% | +4.9% | |
| Q2 2021 | -7.6% | -8.1% | -13.8% | |
| Q4 2021 | -7.6% | -8.1% | -13.8% | |
| Q2 2022 | +6.8% | +0.2% | -3.4% | |
| Q1 2021 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro