Financial PerformanceSprinklr reported a modest beat this quarter but lowered its FY2025 revenue guidance as a result of a softer than expected demand environment which is assumed to be the norm through the rest of the year.
Market DemandHeightened pressure on renewals, longer sales cycles with greater budget friction, and generally muted demand, especially across its core Social and Marketing use cases.
Revenue GuidanceManagement withdrew their FY27 subscription target of $1bn and announced Trac Pham as co-CEO, which is a rarity in software.