Luis Alvarez Investment overview I wrote about Sprinklr (NYSE:CXM) previously (early April this year) with a buy rating as I believed that FY25 guidance was conservative, and that growth should accelerate in FY26 as the business lapses the transition in sales strategy. I am revising my rating from buy to hold as I am no longer confident that CXM can grow as I expected previously. I have underestimated the impact from this poor macro environment, and how AI could be a near-term headwind for the business. ...

DNY59/E+ via Getty Images A mud sandwich delivers bad news, the mud, between two pieces of bread to make the bad news seem more palatable. I bought into a mud sandwich from Sprinklr (NYSE:CXM) last December after the stock crashed 33.5% post-earnings. The decline looked excessive given the encouraging long-term narrative from the company, especially reassurances like sticking to 2027 guidance despite acknowledging macro headwinds. Fast-forward to this month’s earnings disaster, the mud is so clearly bad ...

AI stocks are still selling like pancakes, with companies like Nvidia and SMCI leading the charge. Admittedly, the over-zealous buying sprees make many wonder if the tech sector is in a bubble. Whether true or not, it’s in an investor’s best interest to buy into AI stocks that haven’t run their course. These companies may be sitting on the sidelines, working on the emerging technology until they’re ready to skyrocket. So, today, let’s look at AI stocks that could offer epic growth to investors. To get the l ...

文章核心观点 - 公司Sprinklr公布了2024年第一财季的财务业绩,其全年收入指引低于预期,第二季度收入指引也低于分析师预期 [3] - 公司表示面临需求疲软、销售周期延长、预算审查加严等因素,导致核心产品套件出现更高的流失率,原因包括营销支出减少、项目裁减和席位减少 [3] - 在此消息公布后,两家分析机构下调了公司的评级,公司股价下跌15.13% [3] 公司相关 - Sprinklr是一家上市公司,股票代码为CXM [1][3] - 公司2024年第一财季的财务业绩低于预期 [3] - 公司全年收入指引和第二季度收入指引均低于预期 [3] 行业相关 - 公司表示面临需求疲软、销售周期延长、预算审查加严等行业环境因素 [3] - 公司核心产品套件出现更高的流失率,原因包括营销支出减少、项目裁减和席位减少 [3]

NEW YORK, June 06, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Sprinklr, Inc. (“Sprinklr” or the “Company”) (NYSE: CXM) on behalf of Sprinklr stockholders. Our investigation concerns whether Sprinklr has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On December 6, 2023, Sprinklr announced strong 3Q 2024 results and then ...

ATLANTA, June 06, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Sprinklr, Inc. ("Sprinklr" or the "Company") (NYSE:CXM) complied with federal securities laws. On June 5, 2024, Sprinklr announced its first quarter fiscal 2025 results and noted during its earnings call that "Q1 performance reflects lower net new bookings, and increased customer churn." Following this news, the price of the Company's stock dropped. If you purchased Sprinklr stock and suffered a loss on that investment, ...

ATLANTA, June 06, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Sprinklr, Inc. ("Sprinklr" or the "Company") (NYSE: CXM) complied with federal securities laws. On June 5, 2024, Sprinklr announced its first quarter fiscal 2025 results and noted during its earnings call that "Q1 performance reflects lower net new bookings, and increased customer churn." Following this news, the price of the Company's stock dropped. If you purchased Sprinklr stock and suffered a loss on that investment ...

Sprinklr (NYSE:CXM) stock is falling hard on Thursday after the enterprise cloud software company released its earnings report for the first quarter of 2024.The bad news comes from the company’s outlook in this latest earnings report. It expects revenue for Q2 2024 to range from $194 million to $195 million. That would see it miss Wall Street’s revenue estimate of $196.8 million for the quarter.Adding to that is its adjusted earnings per share estimate of 6 cents to 7 cents for the upcoming quarter. That’s ...

SAN DIEGO, June 06, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of securities laws by Sprinklr, Inc. ("Sprinklr") (NYSE: CXM). We are looking into whether the Company or its executives failed to disclose vital information to investors, leading to losses on their investments. If you have purchased Sprinklr securities and have experienced losses, we encourage you to join our investigation to potentially make claims and recover under federal se ...

财务数据和关键指标变化 - 第一季度总收入同比增长13%至1.96亿美元,订阅收入同比增长12%至1.774亿美元 [9] - 第一季度非GAAP经营利润为2040万美元,经营利润率为10% [9] - 第二季度预计总收入为1.94-1.95亿美元,同比增长9%,订阅收入为1.775-1.785亿美元,同比增长9% [56] - 全年预计订阅收入为7.14-7.16亿美元,同比增长7%,总收入为7.79-7.81亿美元,同比增长7% [59] - 全年预计非GAAP经营利润为1.04-1.05亿美元,非GAAP净收益为0.40-0.41美元/股 [60] 各条业务线数据和关键指标变化 - 订阅收入占总收入的比重较高,第一季度为90.5% [42] - 服务收入占总收入的比重较低,第一季度为9.5% [42] - 第一季度订阅收入净留存率为115% [43] - 第一季度贡献百万美元以上订阅收入的客户数量同比增长20%至138家 [45] 各个市场数据和关键指标变化 - 公司未具体披露各个地区的业务表现 - 表示整体需求环境疲软,销售周期延长,续约压力增加,各地区受影响程度相当 [13][52] 公司战略和发展方向及行业竞争 - 公司正在进行重大的go-to-market战略转型,引进了多名资深高管来提升执行能力 [12][16][18] - 公司正在加大在CCaaS(客户联络中心即服务)领域的投入,看好该市场的增长机会 [54][146] - 公司认为未来前办公室将只有3-4家统一的平台型企业,公司有信心成为其中之一 [39] - 公司正在加大AI产品的投入,包括Sprinklr Digital Twin、Sprinklr Surveys等 [30][31][32] - 公司与Reddit建立了新的合作伙伴关系,可以帮助企业客户利用Reddit进行社交营销 [36][37] 管理层对经营环境和未来前景的评论 - 管理层认为当前宏观环境更加严峻,客户预算收缩、销售周期延长、续约压力增加 [13][52][54] - 管理层表示公司正在进行重大的战略转型,需要一定时间才能看到成效 [12][15][38] - 管理层对公司长期发展前景保持信心,认为公司有机会成为前办公室领域的主导平台之一 [39][65] 其他重要信息 - 公司宣布Trac Pham出任联席CEO,与创始人Ragy Thomas共同领导公司 [19][20][22][26] - 公司在5月进行了约3%的全球裁员,相关费用约400万美元 [54][58] - 公司宣布启动新的1亿美元股票回购计划,截至6月3日尚有1.28亿美元未执行 [49] - 公司撤回了此前公布的2027财年财务目标,表示可能需要更长时间才能实现 [64] 问答环节重要的提问和回答 问题1 **Raimo Lenschow提问** 当前宏观环境是否在进一步恶化,还是主要是公司自身执行力的问题 [69] **Ragy Thomas回答** 公司正在经历更加严峻的预算压缩,客户更加谨慎,这不仅是公司自身执行力的问题 [70][71] 问题2 **Arjun Bhatia提问** 公司正在进行的go-to-market变革需要多长时间才能见效 [79] **Ragy Thomas回答** 公司预计需要4-6个季度的时间来完成这一转型,目前已进入第一个季度 [80][81][82][83] 问题3 **Elizabeth Porter提问** 公司为何选择Co-CEO的管理架构,Trac Pham的重点工作是什么 [95][96] **Ragy Thomas和Trac Pham回答** Co-CEO架构可以充分发挥Ragy和Trac的互补优势,加快公司的执行力提升 [95][96]