Sprinklr stock drops after reporting revenue boost in first post-IPO earnings

Sprinklr, a marketing technology company in Midtown, boosted its revenue by 27% last quarter, according to the firm’s first earnings report since its initial public offering in June.

The company, which sells software for businesses to manage online marketing campaigns, debuted on the New York Stock Exchange in June with a $16 share price, below its target of $18, then slumped below that price by the end of last month. The slow start from the IPO came as investor interest was boosting the market value of companies making business software.

The firm said its total revenue was $119 million between May and the end of July, compared with

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