Sprinklr (NYSE:CXM) reported Q1 results, with EPS of ($0.05) coming in better than the Street estimate of ($0.06). Quarterly revenue was $145 million, compared to the Street estimate of $141.1 million.
The quarter was highlighted by 32% subscription revenue growth and three straight quarters of an improving operating margin. This is offset by billings growth deceleration and down year-over-year margins.
The company expects Q2/22 revenue to be in the range of $146.5-148.5 million, compared to the Street estimate of $147.3 million. For the full 2022-year, the revenue is expected to be in the range of $612-618 million, compared to the Street estimate of $611 million.
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