Sprinklr, Inc. (NYSE:CXM) reported upbeat first-quarter financial results and appointed a new co-CEO Wednesday.
Sprinklr reported quarterly earnings of 9 cents per share which beat the analyst consensus estimate of 7 cents per share. Quarterly sales came in at $195.958 million which beat the analyst consensus estimate of $194.371 million, according to data from Benzinga Pro.
The company also announced the appointment of Trac Pham as co-CEO, effective immediately. Pham will continue as a member of Sprinklr’s board and is standing for reelection at Sprinklr’s 2024 annual meeting of stockholders.
“Despite operating in a more challenging macro environment, we generated strong free cash flow in Q1 and we’re innovating with new products and AI features. While the changes and …