Sprinklr (CXM) reported a substantial increase in second-quarter profit, with net income reaching $12.62 million ($0.05/share) and adjusted income rising to $33.83 million ($0.13/share), primarily driven by an 8% revenue growth to $212.04 million and reduced expenses. The enterprise software firm also issued third-quarter revenue guidance of $209 million to $210 million and adjusted EPS of approximately $0.09, alongside full-year revenue expectations of $837 million to $839 million and adjusted EPS in the range of $0.42 to $0.43.
Sprinklr, Inc. (CXM) reported a significant enhancement in profitability for the second quarter, with net income surging to $12.62 million from $1.84 million in the prior-year period. This bottom-line improvement was driven by a combination of an 8% year-over-year revenue increase to $212.04 million and disciplined expense control, which successfully converted an operating loss of $87,000 last year into an operating income of $16.27 million. The company's core subscription revenue grew 6% to $188.5 million, while adjusted EPS rose to $0.13 from $0.08, underscoring strong operational leverage. However, the company's forward guidance suggests a potential moderation in the near term. The third-quarter forecast for revenue between $209 million and $210 million and an adjusted EPS of approximately $0.09 represents a sequential slowdown from the reported second-quarter results. The full-year guidance, with revenue projected at $837 million to $839 million and adjusted EPS at $0.42 to $0.43, implies an expected re-acceleration in the fourth quarter.
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