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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Conagra Brands

Aldeyra Therapeutics

DermTech Inc

Fate Therapeutics

Generation Bio

Mersana Therapeutics

Old Republic International

REV Group

B. Riley Financial

York Water

Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly when there is uncertainty in the markets, as there has been due to the pandemic resurgence and political issues.

Notable Insider Buys Of The Past Week: Conagra Brands Plus Plenty Of Biotech Activity

CHICAGO, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Spr o ut Social , an industry-leading provider of cloud-based social media management software, has been named one of the best places to work in 2021 by Glassdoor's Employees' Choice Award in the US small and medium company category. This is the fourth year 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 2021

Sprout Social is a platform that empowers companies to navigate and optimize their social media channels from one centralized environment. More and more businesses are designing their operations in such a way as to require a social media optimizing platform like Sprout Social.

Sprout Social: Plant A Seed And Watch It Sprout

CHICAGO, Jan. 04, 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 Chief Financial Officer Joe Del Preto and Head of Investor Relations Jason Rechel will present at the 23rd Annual Needham Growth Conference on Tuesday, January 12, 2021 at 10:00 a.m. ET (9:00 a.m. CT).

Sprout Social to Present at The 23rd Annual Needham Growth Conference

Will Report to Chairman and CEO Justyn Howard Will Report to Chairman and CEO Justyn Howard

Sprout Social Announces Promotion of Ryan Barretto to President

Sprout Social went public in December 2019, raising $150 million in gross proceeds from a U.S. IPO. The firm provides a social media management and tracking system to organizations of all sizes.

Sprout Social Will Continue Growth Trajectory Into 2021

CHICAGO, Dec. 10, 2020 (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 Raina Moskowitz, Chief Operations, Strategy and People Officer at Etsy, Inc., will be joining their board of directors, effective December 10, 2020.

Sprout Social Announces Appointment of Raina Moskowitz to Board of Directors

CHICAGO, Dec. 04, 2020 (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 Chief Executive Officer and Co-Founder Justyn Howard, Chief Financial Officer Joe Del Preto, Senior Vice President of Global Sales Ryan Barretto and Head of Investor Relations Jason Rechel will present at the Barclays Global Technology, Media and Telecommunications Virtual Conference on Wednesday, December 9, 2020 at 10:00 a.m. ET (9:00 a.m. CT).

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

List showcases public cloud companies with the highest levels of employee satisfaction amid the pandemic List showcases public cloud companies with the highest levels of employee satisfaction amid the pandemic

Sprout Social ranks #2 on Battery Venture's 25 Highest Rated Public Cloud Computing Companies to Work for During the Covid Crisis

Sprout Social Inc. (NASDAQ: SPT) is a full-service social media management tool. The company has been performing well in this competitive space and offers a centralized location for marketing teams to effectively manage their social media campaigns. The company's stock has been delivering a solid performance over the past 12 months. However, the stock is significantly overvalued, according to a thesis by Smallcapconnoisseur on Reddit.

Sprout Social Inc. (SPT) Is Significantly Overvalued

The company is building momentum heading into the end of 2020.

Sprout Social Beat Estimates Again -- But Is it Worth Owning?

Sprout Social, Inc. (SPT) CEO Justyn Howard on Q3 2020 Results - Earnings Call Transcript

Raises 2020 Guidance Third Quarter Total Revenue of $33.7 Million 25,556 Customers as of September 30, 2020

Sprout Social Announces Third Quarter 2020 Financial Results Above Guidance Range

Sprout Social is one of the leading providers of social media management software with strong revenue growth and customer traction. As more traffic and customer engagement modalities shift to social media, solutions by vendors like Sprout Social will become increasingly important.

Sprout Social: Key Winner In Social Media Software

New, first-of-its-kind integration aligns corporate and employer brand strategy across social media and employee review site New, first-of-its-kind integration aligns corporate and employer brand strategy across social media and employee review site

Sprout Social announces integration with Glassdoor

CommVault Systems

FormFactor

Limelight Networks

Opera Ltd - ADR

Repay Holdings Corp

Upland Software

You always have to accept some risk when you buy small-cap stocks, especially when they're in the technology sector. But in some cases, the juice is worth the squeeze.

7 Small-Cap Tech Stocks That Pack a Punch

CHICAGO, Oct. 16, 2020 (GLOBE NEWSWIRE) -- Sprout Social , a leading provider of social media analytics, engagement, and advocacy solutions for business, today announced its recognition as one of Fortune's 100 Best Workplaces among small and medium sized businesses. This news follows additional 2020 award recognitions for Sprout's workplace, including Great Place to Works' Best Workplaces in Chicago (Small and Medium) and Glassdoor's Best Places to Work. These recognitions are a testament to the team and leadership at Sprout Social, and they reflect the company's continued investment in a people-first culture.

Sprout Social named to Fortune's 100 Best Small and Medium Workplaces in 2020

Integrations with Microsoft Dynamics 365, HubSpot and Zendesk equip social teams for internal collaboration so brands can deliver better service to customers Integrations with Microsoft Dynamics 365, HubSpot and Zendesk equip social teams for internal collaboration so brands can deliver better service to customers

Sprout Social Enhances Business Collaboration With CRM and Help Desk Integrations

CHICAGO, Oct. 08, 2020 (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 it will report its financial results for the third quarter ended September 30, 2020 after market close on Monday, November 9, 2020.

Sprout Social to Announce Third Quarter 2020 Financial Results on November 9, 2020

Stay away from Sprout Social which can't seem to get profitable. SPT stock is at best just 10% undervalued given that it is unprofitable and still burning cash.

Stay Away From Sprout Social Which Can’t Seem to Get Profitable

CHICAGO, Aug.  17, 2020  (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 the closing of its previously announced follow-on public offering of 6,900,000 shares of Class A common stock at a public offering price of $27.50 per share, which includes the full exercise of the underwriters’ option to purchase up to 900,000 additional shares. The Company sold 1,612,500 shares of its Class A common stock and selling stockholders sold 5,287,500 shares of Class A common stock in the offering. The Company did not receive any proceeds from the sale of the shares by the selling stockholders.

Sprout Social Announces Closing of Follow-on Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Sprout Social survey finds consumers are increasingly looking for connection and will reward brands who share their values on social Sprout Social survey finds consumers are increasingly looking for connection and will reward brands who share their values on social

New data illustrates shifting social media behaviors and expectations among consumers

CHICAGO, Aug.  12, 2020  (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 the pricing of its follow-on public offering of 6,000,000 shares of Class A common stock at a public offering price of $27.50 per share. The Company is offering 1,500,000 shares of its Class A common stock and selling stockholders are offering 4,500,000 shares of Class A common stock in the offering. In addition, the Company and the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of Class A common stock. The Company will not receive any proceeds from the sale of the shares by the selling stockholders. The offering is expected to close on or about August 17, 2020, subject to the satisfaction of customary closing conditions.

Sprout Social Announces Pricing of Follow-on Public Offering

CHICAGO, Aug.  11, 2020  (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 management no longer plans to present at the Canaccord Genuity 40th Annual Growth Conference on Wednesday, August 12, 2020 at 2:30 p.m. ET due to a change in management schedules related to the Company’s previously announced follow-on public offering of its Class A common stock (the “Offered Securities”) pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission (the “SEC”).

UPDATE - Sprout Social Investor Conferences

CHICAGO, Aug.  10, 2020  (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 it has commenced a follow-on public offering of its Class A common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission (the “SEC”). The Company proposes to sell up to 1.5 million shares of its Class A common stock in the offering, and selling stockholders are proposing to sell up to 4.5 million shares of the Company’s Class A common stock in the offering. In addition, the Company and the selling stockholders expect to grant the underwriters a 30-day option to purchase up to an additional 900,000 shares of Class A common stock. The Company will not receive any proceeds from the sale of the shares by the selling stockholders. 

News for Sprout Social Stock (SPT)