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 (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.

Analysts Continue To See Sharp Upside In Sprout Social Post Q4 Results

Sprout Social, Inc. (SPT) CEO Justyn Howard on Q4 2021 Results - Earnings Call Transcript

Sprout Social (SPT) delivered earnings and revenue surprises of 28.57% and 3.88%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Sprout Social (SPT) Reports Q4 Loss, Tops Revenue Estimates

2021 ARR growth of 42% year-over-year Fourth quarter total revenue of $53.3 Million, up 43% year-over-year

Sprout Social Announces Fourth Quarter 2021 Financial Results Above Guidance Range

Sprout Social (SPT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Sprout Social (SPT) to Report a Decline in Earnings: What to Look Out for

New research from Sprout Social reveals key trends for brands looking to leverage social commerce and the channel's $1.2 trillion potential New research from Sprout Social reveals key trends for brands looking to leverage social commerce and the channel's $1.2 trillion potential

98% of consumers plan to make a purchase on social media in 2022

CHICAGO, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, has been recognized by G2 's 2022 Best Software Awards.

Sprout Social Recognized by G2's 2022 Best Software Awards

CHICAGO, Jan. 13, 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 fourth quarter ending December 31, 2021 after market close on Tuesday, February 22, 2022.

Sprout Social to Announce Fourth Quarter 2021 Financial Results on February 22, 2022

CHICAGO, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, has been named one of the best places to work in 2022 by Glassdoor's Employees' Choice Award in the US small and medium company category. This is the fifth time in six years Sprout has received this recognition, which is based solely on the input of employees who complete an anonymous review about their job, work environment and employer on Glassdoor .

Sprout Social Recognized as one of Glassdoor's Best Places to Work in 2022

CHICAGO, Jan. 06, 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 Chief Financial Officer Joe Del Preto and Head of Investor Relations Jason Rechel will present at the 24th Annual Needham Growth Conference on Wednesday, January 12, 2022 at 1:45pm Central Time (CT).

Sprout Social to Present at The 24th Annual Needham Growth Conference

CHICAGO, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, has been recognized as one of the 25 Highest Rated Public Cloud Computing Companies To Work For by Battery Ventures, with data provided by Glassdoor. The list highlights 25 publicly traded companies—all business-to-business, cloud-computing companies—where employees reported the highest levels of satisfaction at work during the 12 months ended Oct. 31, according to employee feedback shared on Glassdoor.

Sprout Social ranked #3 on Battery Venture's 25 Highest Rated Public Cloud Computing Companies to Work for

CHICAGO, Dec. 01, 2021 (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 President Ryan Barretto, Chief Financial Officer Joe Del Preto and Head of Investor Relations Jason Rechel will present at the Barclays Global Technology, Media and Telecommunications Conference on Tuesday, December 7, 2021 at 1:25pm Central Time (CT).

Sprout Social to Present at The Barclays Global Technology, Media and Telecommunications Conference

CHICAGO, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Today, Sprout Social , an industry-leading provider of cloud-based social media management software, announced the addition of Yelp to its review management capabilities. Now available to Sprout customers, the integration of Yelp's trusted data further enables users to centralize their review management efforts so they can gain valuable customer feedback and strengthen their online reputation.

Sprout Social Enhances Review Management Capabilities with Yelp Integration

Sprout Social, Inc. (SPT) CEO Justyn Howard on Q3 2021 Results - Earnings Call Transcript

Expects 2021 Revenue Growth of 40% Third Quarter Total Revenue of $49.1 Million 30,705 Customers as of September 30, 2021

Sprout Social Announces Third Quarter 2021 Financial Results Above Guidance Range

Sprout Social (SPT) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

New industry and social media conversation data offers brands and retailers a clear sightline into seasonal success New industry and social media conversation data offers brands and retailers a clear sightline into seasonal success

Sprout Social Analyzes Emerging Trends Impacting Retailers this Holiday Shopping Season

CHICAGO, Oct. 07, 2021 (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, 2021 after market close on Tuesday, November 2, 2021.

Sprout Social to Announce Third Quarter 2021 Financial Results on November 2, 2021

The shares of Sprout Social Inc (NASDAQ: SPT) have received a price target of $160 by Needham. These are the details.

SPT Stock: $160 Price Target By Needham

CHICAGO, Sept. 28, 2021 (GLOBE NEWSWIRE) -- Sprout Social, an industry-leading provider of cloud-based social media management software, today announced a $100,000 contribution to the United Negro College Fund (UNCF) for the establishment of the Sprout Social Scholarship Fund. This contribution will provide eight merit-based scholarships to Black/African American college seniors who exemplify strong leadership abilities and demonstrate interest in computer science or software engineering. Scholarship recipients will also receive the opportunity to apply and interview for a full-time role at Sprout Social that would start in the summer of 2022.

Sprout Social Makes $100,000 Contribution to the United Negro College Fund (UNCF) to Provide Scholarships for Black/African American Software Engineering Students

News for Sprout Social Stock (SPT)