Sprout Social

Sprout Social, Inc. provides online social media management tools for businesses. It offers communication tools, contact management, lead generation, and analytics services. The company offers solutions for enterprises, agencies, small businesses, customer service, social media marketing, and employee advocacy sectors. Sprout Social was founded by Justyn Howard, Aaron Rankin and Gilbert Lara in 2010 and is headquartered in Chicago, IL.

Earnings data Q1 2021

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Sprout Social reports record Q4 growth and profitability outlook

Sprout Social's Q4 performance reflects strong growth and profitability, driven by enterprise strength, pricing changes, and strategic partnerships. The company is well-positioned for 2023 with a focus on product innovation, pricing evolution, and international market expansion.

Sprout Social accelerates revenue growth through strategic partnerships and enterprise focus

Sprout Social's Q1 2023 performance showcased strong revenue growth, improved margins, and enhanced customer base quality.
Strategic partnerships with key players like Twitter and Salesforce are driving market positioning and revenue diversification.
While challenges like accelerated churn and softness in customer adds exist, opportunities in AI integration and enterprise investments offer avenues for sustained growth.

Sprout Social excels in Q2 2023 with strategic acquisitions and growth opportunities

Sprout Social's Q2 2023 Earnings Call highlighted strong financial performance, strategic acquisitions, and growth opportunities in influencer marketing and customer expansion. While facing challenges in cohort stabilization and revenue projections, the company remains optimistic about its positioning and future prospects.

Sprout Social reports robust Q3 earnings, eyes AI for growth

Sprout Social's Q3 performance showcased strong growth in revenue, ARR, and operating margins. The company's strategic focus on AI, enterprise growth, and product enhancements is driving its competitive edge. Despite challenges in the low-end market segment, Sprout Social remains confident in its outlook and continues to invest in key areas for sustained growth.

Sprout Social excels in Q4, eyes growth through premium products

Sprout Social's Q4 2023 Earnings Call highlighted strong financial performance, strategic customer focus, and growth opportunities in premium products and partnerships. While facing challenges in retention rates and transitioning business offerings, the company remains optimistic about future growth and revenue guidance.

Sprout Social reports solid Q1 growth amidst strategic challenges

Sprout Social's Q1 2024 performance showed strong revenue growth but faced challenges in execution and macro environment. The company's focus on high-value customer cohorts and strategic go-to-market changes aims to drive future growth. Analyst inquiries centered on sales cycles, guidance variability, and the impact of TikTok regulatory changes.

Sprout Social exceeds $100M revenue milestone, eyes enterprise market

Sprout Social's Q3 performance reflects strong revenue growth and a focus on enhancing customer experience. The company's strategic initiatives, product innovations, and leadership changes are positioning them for future success. Despite potential challenges, Sprout Social's financial outlook remains positive, with opportunities for growth and expansion.

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Sprout Social, Inc. engages in the provision of online social media management tools for businesses. It offers communication tools, contact management, lead generation, and analytics services. The firm also offers solutions for enterprises, agencies, small businesses, customer service, social media marketing, and employee advocacy sectors. The company was founded by Justyn Howard, Aaron Rankin, Gilbert Lara, and Peter Soung on April 21, 2010 and is headquartered in Chicago, IL.

Sprout Social (SPT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Sprout Social (SPT) Loses -21.87% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Sprout Social, Inc. (NASDAQ:SPT ) Q1 2023 Earnings Conference Call May 2, 2023 5:00 PM ET Company Participants Jason Rechel - Head, IR Justyn Howard - Co-Founder, Chairman & CEO Ryan Barretto - President Joe Del Preto - CFO & Treasurer Conference Call Participants Raimo Lenschow - Barclays Bank David Hynes - Canaccord Genuity Arjun Bhatia - William Blair & Company Michael Turits - KeyBanc Capital Markets Robert Oliver - Robert W. Baird & Co. Jeffrey Lane - Stifel, Nicolaus & Company Elizabeth Porter - Morgan Stanley William Jeffries - Piper Sandler & Co. Matthew VanVliet - BTIG Operator Hello.

Sprout Social, Inc. (SPT) Q1 2023 Earnings Call Transcript

Sprout Social (SPT) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $0.03 per share a year ago.

Sprout Social (SPT) Tops Q1 Earnings and Revenue Estimates

Sprout Social Inc. SPT, -3.65% shares dropped in the extended session Tuesday after the social-media management software company's forecast revenue for the current quarter fell short of Wall Street estimates. The company reported a first-quarter loss of $10.3 million, or 19 cents a share, compared with a loss of $9.8 million, or 18 cents a share, in the year-ago period.

Sprout Social stock falls as forecast revenue for current quarter fall short

CHICAGO, May 02, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its first quarter ended March 31, 2023.

Sprout Social Announces First Quarter 2023 Financial Results Above Guidance Range

CHICAGO, May 02, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of social media management software, and Twitter, one of the world's most strategically valuable social networking services, today announced a continued strategic partnership. Through this partnership, Sprout customers will be able to execute a holistic social strategy at scale, including comprehensive listening, analytics and reporting capabilities.

Sprout Social and Twitter Announce Continued Strategic Partnership

The virtual community creates space for social and marketing professionals to connect, share knowledge and fast-track their careers The virtual community creates space for social and marketing professionals to connect, share knowledge and fast-track their careers

Sprout Social Launches The Arboretum, A New Online Hub for the Social Media and Marketing Industry

The Total Economic Impact™ of Sprout Social reveals customers built more productive, impactful and cost-effective social strategies The Total Economic Impact™ of Sprout Social reveals customers built more productive, impactful and cost-effective social strategies

Sprout Social Customers Reported 233% Return on Investment in New Independent Study

CHICAGO, April 10, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced that it will report its financial results for the first quarter ending March 31, 2023 after market close on Tuesday, May 2, 2023.

Sprout Social to Announce First Quarter 2023 Financial Results on May 2, 2023

Extensive new features will empower brands to efficiently extract business impact from social Extensive new features will empower brands to efficiently extract business impact from social

Sprout Social enhances platform with new artificial intelligence (AI) investments

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A strong culture has helped Sprout Social grow.

How Sprout Social Builds Company Culture

Sprout Social is exploring artificial intelligence.

How Sprout Social Is Using AI

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Sprout Social's recent quarterly report showed an acceleration in percentage growth of ARR. The company's partnership with Salesforce is in its nascent stage, and the benefits Sprout will achieve because Salesforce has sunsetted its product in this space are just starting to emerge.

Sprout Social: This Is The Season For Growth And Flowering

The company had a nice surprise for investors after market hours Tuesday.

Why Sprout Social Stock Rocketed 8% Higher Today

Sprout Social (SPT) delivered earnings and revenue surprises of 250% and 0.25%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Sprout Social (SPT) Q4 Earnings Top Estimates

Sprout Social, Inc. (NASDAQ:SPT ) Q4 2022 Earnings Conference Call February 21, 2023 5:00 PM ET Company Participants Jason Rechel - VP, IR & Corporate Development Justyn Howard - Founder and CEO Ryan Barretto - President Joseph Del Preto - CFO Conference Call Participants Raimo Lenschow - Barclays Arjun Bhatia - William Blair Elizabeth Porter - Morgan Stanley Matthew Kikkert - Stifel Financial Corp Michael Turits - KeyBanc Clarke Jeffries - Piper Sandler David Hynes - Canaccord Genuity Matthew VanVliet - BTIG Brett Knoblauch - Cantor Fitzgerald Patrick Schultz - Baird Operator Good day and welcome to the Sprout Social Fourth Quarter 2022 Financial Results Call. Today's call is being recorded.

Sprout Social, Inc. (SPT) Q4 2022 Earnings Call Transcript

Delivers record net new ARR Expects accelerating ARR growth in 2023

Sprout Social Announces Fourth Quarter 2022 Financial Results

Sprout Social ranked a Top 20 Product for Enterprise and is the only social media management software to be named in the category Sprout Social ranked a Top 20 Product for Enterprise and is the only social media management software to be named in the category

Sprout Social Recognized by G2's 2023 Best Software Awards for the Seventh Consecutive Year

There are more and more social media users in the world and businesses have to adjust their practices and processes to adapt. SPT offers a comprehensive solution that fits the need of organizations across all levels.

Sprout Social: Steadfast To Capture More Share In The Industry

Acquisition will strengthen sentiment analysis and natural language processing functionality in Sprout's unified social media management platform Acquisition will strengthen sentiment analysis and natural language processing functionality in Sprout's unified social media management platform

Sprout Social Acquires Repustate

CHICAGO, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced that members of senior management will participate in-person at the 25th Annual Needham Growth Conference on Wednesday, January 11th at 1:15pm Central Time.

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