Financial PerformanceSequential revenue growth has stalled, gross profit has declined for 2 straight quarters, and bookings trends are getting worse.
Macroeconomic FactorsManagement noted longer sales cycles, heightened budgetary scrutiny, and execution challenges exacerbated by macroeconomic factors.
Subscription RevenueSprinklr saw challenges continue with leading indicators meaningfully deteriorating, worsening profitability and another cut to the subscription growth guide.