Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MICROSOFT CORPORATION

(MSFT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Software startup Sprinklr targets $5 bln valuation in U.S. IPO

06/14/2021 | 08:18am EDT

June 14 (Reuters) - Software startup Sprinklr said on Monday it was looking to raise as much as $380 million through a U.S. initial public offering (IPO), targeting a valuation of about $5 billion.

The company, whose customers include Microsoft Corp and McDonald's Corp, said in a regulatory filing it planned to sell 19 million shares priced between $18 and $20 per share.

Sprinklr, which began in 2009 in a spare bedroom in founder and Chief Executive Officer Ragy Thomas's house in New Jersey, provides software that helps its clients with marketing, advertising and customer engagement.

The company's revenue rose 19% to $111 million in the three months ended April 30, 2021. Its net loss, however, widened to $14.7 million from $11.2 million in the period.

The company has applied to list its shares on the New York Stock Exchange under the ticker symbol "CXM."

It confidentially submitted paperwork to U.S. regulators for the IPO in March.

Morgan Stanley, J.P. Morgan, Citigroup, Barclays and Wells Fargo Securities are the lead underwriters for the offering. (Reporting by Sohini Podder in Bengaluru; Editing by Aditya Soni)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
BARCLAYS PLC 1.41% 178.84 Delayed Quote.20.23%
CITIGROUP INC. -0.52% 68.52 Delayed Quote.11.71%
MICROSOFT CORPORATION -0.21% 286.51 Delayed Quote.29.09%
MORGAN STANLEY -0.32% 96.29 Delayed Quote.40.42%
All news about MICROSOFT CORPORATION
05:32pFACTBOX : Major U.S. companies making masks, vaccines mandatory
RE
04:34pMICROSOFT : LinkedIn must face narrowed U.S. lawsuit claiming it overcharged adv..
RE
01:06pMICROSOFT : How to make the most of parallel chat in online meetings
PU
09:35aMICROSOFT : GYDE365-Discover, an application for quickly evaluating the business..
AQ
02:22aWIPRO : Bags Kubernetes on Microsoft Azure Advanced Specialization
MT
01:54aPRESS RELEASE : All for One Group SE: 9-month results 2020/21: Strong growth in ..
DJ
08/03Tyson Foods, Microsoft mandate vaccinations, U.S. automakers mask up
RE
08/03Candy Crush owner forecasts upbeat quarterly revenue even as gaming slows dow..
RE
08/03ACTIVISION BLIZZARD : annual sales forecast disappoints
RE
08/03MICROSOFT : New global partnership between Xbox's Halo Infinite and Waze
PU
More news
Financials (USD)
Sales 2022 191 B - -
Net income 2022 66 025 M - -
Net cash 2022 92 196 M - -
P/E ratio 2022 32,9x
Yield 2022 0,85%
Capitalization 2 153 B 2 153 B -
EV / Sales 2022 10,8x
EV / Sales 2023 9,54x
Nbr of Employees 181 000
Free-Float 99,9%
Chart MICROSOFT CORPORATION
Duration : Period :
Microsoft Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MICROSOFT CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 38
Last Close Price 287,12 $
Average target price 327,71 $
Spread / Average Target 14,1%
EPS Revisions
Managers and Directors
Satya Nadella Chairman & Chief Executive Officer
Bradford L. Smith President & Chief Legal Officer
Amy E. Hood Chief Financial Officer & Executive Vice President
James Kevin Scott Chief Technology Officer & Executive VP
Kirk Koenigsbauer COO & VP-Experiences & Devices Group
Sector and Competitors
1st jan.Capi. (M$)
MICROSOFT CORPORATION29.09%2 157 676
SEA LIMITED42.16%148 399
ZOOM VIDEO COMMUNICATIONS, INC.11.13%111 325
ATLASSIAN CORPORATION PLC40.86%82 745
DASSAULT SYSTÈMES SE41.92%73 467
ROBLOX CORPORATION0.00%44 156