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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Earnings data Q3 2023

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Earnings data Q3 2024

Earnings data Q4 2024

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.

The company launches its ESG website and annual Diversity, Equity and Inclusion report The company launches its ESG website and annual Diversity, Equity and Inclusion report

Sprout Social Adds New Level of Transparency to its Environmental, Social and Governance (ESG) Commitments

CHICAGO, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Today, Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, announced it has surpassed $200 million in annual recurring revenue (ARR). Additionally, Sprout now serves more than 30,000 customers across the globe, underscoring both its market expansion and accelerated growth rate.

Sprout Social Announces Two Major Growth Milestones

The event will feature keynote speakers Alexandra Waldman and Alexis Ohanian The event will feature keynote speakers Alexandra Waldman and Alexis Ohanian

Sprout Social to Host Virtual Event for Business Leaders

CHICAGO, Aug. 19, 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 host its first investor day on Wednesday, September 22, 2021 beginning at 9am CT.

Sprout Social to Host 2021 Investor Day

CHICAGO, Aug. 06, 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 management is currently scheduled to present at the following virtual investor events.

Sprout Social to Present at Upcoming Investor Conferences

Sprout Social, Inc. (SPT) CEO Justyn Howard on Q2 2021 Results - Earnings Call Transcript

Sprout Social (SPT) delivered earnings and revenue surprises of 100.00% and 3.74%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Sprout Social (SPT) Reports Break-Even Earnings for Q2

Shares of Sprout Social (NASDAQ:SPT) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 100.00% over the past year to ($0.00), which beat the estimate of ($0.10).

Recap: Sprout Social Q2 Earnings

Raises 2021 Guidance Second Quarter Total Revenue of $44.7 Million 29,612 Customers as of June 30, 2021

Sprout Social Announces Second Quarter 2021 Financial Results Above Guidance Range

Sprout Social (SPT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sprout Social (SPT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

CHICAGO, July 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 second quarter ending June 30, 2021 after market close on Tuesday, August 3, 2021.

Sprout Social to Announce Second Quarter 2021 Financial Results on August 3, 2021

New, expanded integrations with Shopify and Facebook Shops enable brands to seamlessly manage their social commerce strategy within Sprout's unified platform. New, expanded integrations with Shopify and Facebook Shops enable brands to seamlessly manage their social commerce strategy within Sprout's unified platform.

Sprout Social Announces First-of-its-Kind Social Commerce Solution

With plenty of businesses existing who have yet to take advantage of social media to its full extent, Sprout Social still has enormous growth potential.  The post Sprout Stock Is Definitely Worth Getting Behind, But Let It Dip First appeared first on InvestorPlace.

Sprout Stock Is Definitely Worth Getting Behind, But Let It Dip First

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CHICAGO, June 16, 2021 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social” or the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced that Thomas Stanley, Chief Revenue Officer at Tanium, will be joining their board of directors, effective June 16, 2021.

Sprout Social Announces Appointment of Thomas Stanley to Board of Directors

Sprout Social's 2021 Index finds that 93% of marketers say social media has accelerated competition in their industry Sprout Social's 2021 Index finds that 93% of marketers say social media has accelerated competition in their industry

New research shows social media has created a more competitive landscape for brands, but is simultaneously key for staying ahead in their industry

SPT is a very unique and interesting company that is operating in an attractive end market. However, its growth rate doesn't match its low market penetration and the accelerated demands due to COVID, suggesting that perhaps the TAM is overstated.

Sprout Social Is Special Snowflake

Expanded access to Instagram messaging empowers businesses to more efficiently connect with customers at scale Expanded access to Instagram messaging empowers businesses to more efficiently connect with customers at scale

Sprout Social releases Messenger API support for Instagram to customers

Up nearly 300% over the past year, SPT stock still has more upside left thanks to the rise of social media. The post Sprout Social Is Gushing Growth.

Sprout Social Is Gushing Growth. Why SPT Stock Will Keep Climbing.

Sprout Social, Inc. (SPT) CEO Justyn Howard on Q1 2021 Results - Earnings Call Transcript

Raises 2021 Guidance First Quarter Total Revenue of $40.8 Million 28,122 Customers as of March 31, 2021

Sprout Social Announces First Quarter 2021 Financial Results Above Guidance Range

CHICAGO, April 08, 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 first quarter ending March 31, 2021 after market close on Tuesday, May 4, 2021.

Sprout Social to Announce First Quarter 2021 Financial Results on May 4, 2021

Sprout Social has an impressive growth story. The market is catching up to the hidden potential in the social media management space.

Sprout Social: Still More Firepower

Small-cap software stock Sprout Social is trading at ~25% below all-time highs after the February tech correction.

Sprout Social: Innovative SaaS Platform Addressing Vital Need

Sprout Social, Inc. (SPT) CEO Justyn Howard on Q4 2020 Results - Earnings Call Transcript

News for Sprout Social Stock (SPT)