Sprinklr Inc at Barclays Global Technology, Media and Telecommunications Conference Transcript
Welcome to our next session. I'm really happy to have Manish here. Manish, like you had really good results yesterday. So maybe we actually start with recapping that first to get everyone on the same page, and then we just kind of can take it from there.
Absolutely. So yesterday we announced our Q3 earnings. Subscription revenue grew 27%. We spoke about growth in gross margins. Overall gross margins got to around 75%, subscription gross margins over 81%. We've been focused really on operating expense reduction and [containing] the cost in the business. Even though our guide for Q3 was a breakeven, we came in at $6.9 million, so that's almost a 4% operating margin.
So across the board, whether you look at subscription revenue, total revenue, improvement in gross margins, OpEx reduction getting to an operating income positive level, there was great performance across the board. We did then give early commentary around FY '24 more as a look into given what we're seeing right now, just so that we wanted to
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