AI-generated · cited to primary sources · not investment advice
Sprinklr, Inc. Class A Common Stock (CXM) Jul 2024 Filing Analysis
Where does growth come from?
Professional services revenue grew 29% year over year in the latest quarter and 24% for the first six months, compared with 7% and 7% growth in the comparable prior-year periods. The latest quarter shows a clear acceleration in implementation and managed-services activity, although the segment remained loss-making at a negative 3% gross margin. (2 accelerating, 2 new trend, 1 steady across 5 signals)
“Professional services $19,349 $15,013 $4,336 29%. The increase in professional services revenue was primarily due to increased implementations and managed services performed compared to the prior year period.”
See the full cited Future Growth analysis of Sprinklr, Inc. Class A Common Stock
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