Sprinklr (NYSE:CMX) shares fell 2.4% to $7.42 in premarket trading after the company reported fiscal second-quarter 2027 results, including revenue below analyst expectations.
Total revenue for the quarter was $213.7 million, compared with an analyst consensus estimate of approximately $215.6 million. The reported figure was also below the company’s previous guidance range, according to the supplied information.
Earnings per share also came in below expectations, although the supplied information does not provide the reported EPS figure or the corresponding analyst estimate.
Revenue Growth Slows to 1%
Sprinklr’s total revenue increased 1% from the corresponding period a year earlier, while subscription revenue grew 3%.
The results followed the company’s previous quarter, when revenue of $219.5 million exceeded forecasts and earnings per share of $0.11 came in above the $0.10 consensus estimate.
The sequential comparison reflects results from different reporting periods and does not by itself establish a longer-term trend in the company’s financial performance.
Investors Await Sprinklr’s Second-Half Outlook
The supplied information indicates that investors have been monitoring Sprinklr’s guidance for the second half of fiscal 2027 as they assess the company’s growth outlook.
The current figures alone do not establish whether the slower growth rate reflects temporary business conditions or a longer-term change in demand for the company’s products.
Any company guidance for future periods represents management’s expectations and remains subject to changes in business and market conditions.
Sprinklr Falls as Broader U.S. Market Trades Lower
Sprinklr’s decline came as broader U.S. equity markets also traded modestly lower in premarket trading.
The Nasdaq was down 0.4%, while the S&P 500 declined 0.1%, according to the supplied market data.
Other companies operating in customer-experience and enterprise software markets, including Sprout Social and Braze, are also being assessed by investors in relation to artificial intelligence adoption and enterprise technology spending. However, the supplied information does not establish that Sprinklr’s results affected the share prices or outlook of those companies.
Sprinklr Trades Within 52-Week Range
At the premarket price of $7.42, Sprinklr remained within its supplied 52-week trading range of $4.71 to $8.49.
The 2.4% decline followed the release of the company’s quarterly results, including revenue below consensus expectations. However, the extent to which individual elements of the report or broader market conditions contributed to the share-price move cannot be established from the supplied information.