Sprinklr Inc (NYSE:CXM) stock rose 0.077% (As on March 28, 11:10:44 AM UTC-4, Source: Google Finance) after the company surpassed Wall Street’s expectations with its earnings and revenue results. The company’s financial health is further evidenced by the net cash provided by operating activities, which amounted to $17.3 million, and free cash flow of $12.3 million in the fourth quarter. Additionally, the board’s authorization of an incremental $100 million to the existing stock buyback program in March 2024 signals a strong commitment to returning value to shareholders. Total cash, cash equivalents and marketable securities as of January 31, 2024 was $662.6 million. RPO and cRPO was up 34% and 21% year-over-year, respectively. There are 126 $1 million customers, up 17% year-over-year

CXM in the fourth quarter of FY 24 has reported the adjusted earnings per share of 12 cents, beating the analysts’ estimates for the adjusted earnings per share of 8 cents, according to the Zacks Consensus Estimate. The company had reported the adjusted revenue growth of 17 percent to $194.21 million in the fourth quarter of FY 24, beating the analysts’ estimates for revenue by 3.03%. Subscription revenue for the fourth quarter was $177.0 million, up from $148.3 million one year ago, an increase of 19% year-over-year.  Non-GAAP operating income for the fourth quarter was $32.4 million, compared to non-GAAP operating income of $14.3 million one year ago. For the fourth quarter, non-GAAP operating margin was 17%.

Sprinklr’s guidance for the first quarter of fiscal year 2025 projects EPS to be around $0.07, slightly below the consensus estimate of $0.09. However, the revenue forecast for Q1 2025 is set between $194 million and $195 million, which is above the analyst expectation of $193.3 million. For the first fiscal quarter Subscription revenue is expected to be between $177.5 million and $178.5 million and Non-GAAP operating income to be between $19.5 million and $20.5 million.

For the full fiscal year 2025, the company anticipates adjusted EPS to be between $0.38 and $0.39, aligning with the consensus of $0.39, and projects revenue to range from $804.5 million to $805.5 million, which is higher than the consensus estimate of $802.1 million. for the full fiscal year 2025, Subscription revenue to be between $740.5 million and $741.5 million and Non-GAAP operating income to be between $104 million and $105 million.