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Stock impact report

3 Reasons to Avoid CXM and 1 Stock to Buy Instead [Yahoo! Finance]

Sprinklr, Inc. Class A (CXM) 
Company Research Source: Yahoo! Finance
Is there a buying opportunity in Sprinklr, or does it present a risk to your portfolio? Get the full stock story straight from our expert analysts, it's free We're swiping left on Sprinklr for now. Here are three reasons why you should be careful with CXM and a stock we'd rather own. Billings is a non-GAAP metric that is often called “cash revenue” because it shows how much money the company has collected from customers in a certain period. This is different from revenue, which must be recognized in pieces over the length of a contract. Sprinklr's billings came in at $204.3 million in Q1, and over the last four quarters, its year-on-year growth averaged 4%. This performance was underwhelming and suggests that increasing competition is causing challenges in acquiring/retaining customers. Forecasted revenues by Wall Street analysts signal a company's potential. Predictions may not always be accurate, but accelerating growth typically boosts valuation multiples and stock prices Show less Read more
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