Sprinkler: Fiscal Q3 Earnings Snapshot

NEW YORK (AP) _ Sprinkler Inc. (CXM) on Tuesday reported a loss of $5.9 million in its fiscal third quarter.

The New York-based company said it had a loss of 2 cents per share. Earnings, adjusted for stock option expense and amortization costs, were 2 cents per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.

The customer experience software developer posted revenue of $157.3 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $156 million.

For the current quarter ending in January, Sprinkler expects its per-share earnings to range from 1 cent to 2 cents.

The company said it expects revenue in the range of $162.3 million to $163.3 million for the fiscal fourth quarter.

Sprinkler expects full-year results to range from a loss of 5 cents per share to a loss of 4 cents per share, with revenue ranging from $615.2 million to $616.2 million.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CXM at https://www.zacks.com/ap/CXM

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