Investing.com -- Sprinklr Inc. (NYSE: CXM) shares have risen premarket on Wednesday after the company reported fourth-quarter results that exceeded analyst expectations.

Sprinklr posted adjusted earnings per share of $0.13, beating the consensus estimate of $0.09 by $0.04. Revenue reached $220.6 million, surpassing the $215.51 million estimate and representing a 9% increase YoY from $202.5 million in the prior-year period.

The customer experience management platform provider posted subscription revenue of $193.4 million, up 6% YoY from $182.1 million. Adjusted operating margin expanded to 17% from 13% in the year-ago quarter, while the company generated $15.9 million in free cash flow. Sprinklr ended the quarter with 141 customers generating over $1 million in annual revenue. Shares rose 3.4% following the announcement.

"The fourth quarter capped a pivotal year in our transformation. We strengthened the quality of our customer engagements, advanced our innovation leadership, expanded operating margins, and delivered strong free cash flow," said CEO Rory Read.

For the first quarter of fiscal 2027, Sprinklr expects total revenue between $215.5 million and $216.5 million, with a midpoint of $216 million. The company projects adjusted EPS of approximately $0.09, matching the prior quarter's consensus.

For the full fiscal year 2027, Sprinklr guided to revenue of $869 million to $871 million, with a midpoint of $870 million falling short of the $881 million analyst consensus. The company expects adjusted EPS of $0.47 to $0.48, with the midpoint of $0.475 aligning with the $0.47 consensus estimate.

The company's board authorized a new $200 million stock repurchase program, with plans to execute a $125 million accelerated share repurchase immediately. Sprinklr held $502.5 million in cash, cash equivalents, and marketable securities as of January 31, 2026.