Press release
Investigation announced for Investors in shares of Sprinklr, Inc. (NYSE: CXM) over possible Violations of Securities Laws
An investigation for investors in Sprinklr, Inc. (NYSE: CXM) shares over potential securities laws violations by Sprinklr, Inc. wa
Investors who purchased shares of Sprinklr, Inc. (NYSE: CXM), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Sprinklr, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
New York based Sprinklr, Inc. provides enterprise cloud software products worldwide.
Sprinklr, Inc. reported that its Total Revenue rose from $618.19 million for the 12 months period that ended on January 31, 2023, to $732.36 million for the 12 months period that ended on January 31, 2024, and that its net Loss turned from $55.74 million for the 12 months period that ended on January 31, 2023 to a Net Income of $51.4 million for the 12 months period that ended on January 31, 2024.
On June 5, 2024, Sprinklr, Inc. announced its first quarter fiscal 2025 results and noted during its earnings call that "Q1 performance reflects lower net new bookings, and increased customer churn."
Shares of Sprinklr, Inc. (NYSE: CXM) declined from $17.14 per share on December 06, 2023, to as low as $8.40 per share on June 18, 2024.
Those who purchased shares of Sprinklr, Inc. (NYSE: CXM) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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