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.

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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, Inc. (NASDAQ:SPT ) Q3 2022 Earnings Conference Call November 3, 2022 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 David Hynes - Canaccord Arjun Bhatia - William Blair Raimo Lenschow - Barclays Parker Lane - Stifel Matthew VanVliet - BTIG Michael Vidovic - KeyBanc Brett Knoblauch - Cantor Fitzgerald Rob Oliver - Baird Operator Good day, everyone. My name is Kathy, and I will be your conference operator for today.

Sprout Social, Inc. (SPT) Q3 2022 Earnings Call Transcript

Sprout Social (SPT) delivered earnings and revenue surprises of 50% and 0.49%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Sprout Social (SPT) Reports Q3 Loss, Tops Revenue Estimates

ARR growth of 33% year-over-year Third quarter total revenue of $65.3 million, up 33% year-over-year

Sprout Social Announces Third Quarter 2022 Financial Results Above Guidance Range

CHICAGO, Oct. 07, 2022 (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 third quarter ending September 30, 2022 after market close on Thursday, November 3, 2022.

Sprout Social to Announce Third Quarter 2022 Financial Results on November 3, 2022

Employee Advocacy by Sprout Social enables users to manage both social media and employee advocacy in one place Employee Advocacy by Sprout Social enables users to manage both social media and employee advocacy in one place

Sprout Social Launches More Integrated Employee Advocacy Solution to Accelerate Brands' Social Strategies and Reach

CHICAGO, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Today, Sprout Social announced a new integration with Salesforce Service Cloud to provide brands with a 360-degree view of their customer interactions.

Sprout Social and Salesforce Extend Partnership with New Service Cloud Integration

CHICAGO, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Great Place to Work and PEOPLE magazine have named Sprout Social as one of the 2022 PEOPLE Companies that Care . The Companies that Care award is based on over 1 million employee survey responses and data from companies representing more than 6.1 million U.S. employees. In that survey, 96% of employees said Sprout Social is a great place to work, which is 68% higher than the average U.S. company.

Sprout Social Named to the 2022 PEOPLE Companies that Care® List

Sprout Social has been resilient to the macroeconomic environment. Although the company is burning more cash, its investments have returned with astounding growth.

Sprout Social Has Great Value

CHICAGO, Aug. 05, 2022 (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 the following upcoming in-person investor events: the Keybanc Technology Leadership Forum on Tuesday, August 9th at 10:00am CT, and the 42nd Annual Canaccord Growth Conference on Thursday, August 11th at 10:00am CT.

Sprout Social to Present at Upcoming Investor Events

Sprout Social, Inc. (NASDAQ:SPT ) Q2 2022 Earnings Conference Call August 2, 2022 5:00 PM ET Company Participants Jason Rechel - VP, IR and Corporate Development Justyn Howard - CEO Joe Del Preto - CFO Ryan Barretto - President Conference Call Participants Michael Turits - KeyBanc Elizabeth Porter - Morgan Stanley Arjun Bhatia - William Blair Matt VanVliet - BTIG Parker Lane - Stifel Clarke Jefferies - Piper Sandler DJ Hynes - Canaccord Genuity Scott Berg - Needham & Company Brett Knoblauch - Cantor Fitzgerald Operator Hello, and thank you for standing by. My name's JoAnne and I will be your conference operator today.

Sprout Social, Inc. (SPT) CEO Justyn Howard on Q2 2022 Results - Earnings Call Transcript

Sprout Social (SPT) delivered earnings and revenue surprises of 33.33% and 1.95%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Sprout Social (SPT) Reports Q2 Loss, Tops Revenue Estimates

ARR growth of 35% year-over-year Second quarter total revenue of $61.4 million, up 37% year-over-year

Sprout Social Announces Second Quarter 2022 Financial Results Above Guidance Range

Despite plans to spend more on creator marketing, new research from Sprout Social finds budget is the #1 challenge marketers face when working with creators

74% of Marketers Plan to Invest at Least a Quarter of their Social Media Budgets on Content Creator Partnerships This Year

CHICAGO, July 08, 2022 (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 second quarter ending June 30, 2022 after market close on Tuesday, August 2, 2022.

Sprout Social to Announce Second Quarter 2022 Financial Results on August 2, 2022

Zoom Video

So far, 2022 has been a year of the value style of investing outperforming the growth style, and few megatrends in recent years have been more growth-oriented than cloud computing. Cloud computing is certainly a high-volatility, high-risk megatrend, and we recognize that the first half of 2022 has been tough on the basis of share price performance.

Cloud Computing: Beyond The Fog Of Macro There Is A Fundamental Foundation

On May 26, Sprout Social, Inc (NASDAQ: SPT) announced its content marketing integration with TikTok, which has been in the works. It represents the latest platform integration, with one of the ten most prominent social media networks globally.

Here's How Needham Views Sprout Social's Collaboration With TikTok

New video management functionality will help brands optimize their content for meaningful business results New video management functionality will help brands optimize their content for meaningful business results

Sprout Social joins the TikTok Marketing Partner Program and Introduces New TikTok Integration

Shares of Sprout Social dipped more than 10% after reporting Q1 results, despite beating Wall Street's expectations. The company raised its growth outlook for the year and is expecting robust 34-35% y/ growth over FY21.

Sprout Social: You Won't Regret Buying The Dip

Sprout Social, Inc. (NASDAQ:SPT ) Q1 2022 Earnings Conference Call May 3, 2022 5:00 PM ET Company Participants Jason Rechel – Vice President of Investor Relations and Corporate Development Justyn Howard – Chief Executive Officer Ryan Barretto – President Joe Del Preto – Chief Financial Officer Conference Call Participants Raimo Lenschow – Barclays Elizabeth Porter – Morgan Stanley John Godin – Needham Parker Lane – Stifel Rob Oliver – Baird DJ Hynes – Canaccord Genuity Michael Turits – KeyBanc Arjun Bhatia – William Blair Matt VanVliet – BTIG Brett Knoblauch – Cantor Fitzgerald Clarke Jefferies – Piper Sandler Operator Good afternoon, ladies and gentlemen, and welcome to Sprout Social's First Quarter 2022 Earnings Conference Call. At this time all participants are in a listen-only mode and please be advised that this call is being recorded.

Sprout Social's (SPT) CEO Justyn Howard on Q1 2022 Results - Earnings Call Transcript

Sprout Social (SPT) delivered earnings and revenue surprises of 25% and 2.22%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Sprout Social (SPT) Reports Q1 Loss, Tops Revenue Estimates

ARR growth of 39% year-over-year First quarter total revenue of $57.4 Million, up 41% year-over-year

Sprout Social Announces First Quarter 2022 Financial Results Above Guidance Range

CHICAGO, April 08, 2022 (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, 2022 after market close on Tuesday, May 3, 2022.

Sprout Social to Announce First Quarter 2022 Financial Results on May 3, 2022

CHICAGO, April 06, 2022 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, today announced a $100,000 annual contribution to the Howard University School of Business for the creation and management of their Center for Digital Business, as well as related business education offerings and programming, over the next two years. This contribution will help support the hiring of the Center's Director, develop course curriculum, and provide Sprout technology to aid in student and faculty research.

Sprout Social announces $100,000 annual contribution to Howard University to stand up the Center for Digital Business

Partnership enables Salesforce customers to leverage Sprout's industry-leading social media suite Partnership enables Salesforce customers to leverage Sprout's industry-leading social media suite

Salesforce and Sprout Social Partner to Manage Full Social Media Presence

Analysts cut their price targets on Sprout Social Inc (NASDAQ: SPT) post Q4 results. Needham analyst Scott Berg lowered the price target to $75 from $160 (37% upside) given the significant multiple compression across high growth software but kept a Buy.

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