NYSE$CXM
Sprinklr Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Sprinklr's Q3 2022 financial results were announced, showcasing revenue growth and continued focus on Unified-CXM.
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.
Headline financials
Revenue & EPS history
Sprinklr · Revenue · Quarterly
$127M
Revenue by segment
Sprinklr · $127M total across 2 segments · Q3 2022
- Subscription$110M+29.3%86.5%
- Professional services$17.1M+51.6%13.5%
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.
Tailwinds
- 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.
Headwinds
- 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.
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 Q3 2022
+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 | — | — | — |
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