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 2024

Sprout Social (SPT) reports robust Q1 performance and eyes accelerated growth opportunities

SPT's Q1 performance reflects strong revenue growth and a focus on upmarket customer base expansion. The company's strategic partnerships and investments in AI capabilities position it well for future growth. However, challenges related to customer segment cycling and refining go-to-market strategies require careful management. Overall, SPT remains optimistic about its opportunities and is committed to capitalizing on them.

Sprout Social achieves record ACV growth and acquires Tagger

Sprout Social reported strong financial performance, highlighted by record ACV growth and the acquisition of Tagger. While facing challenges in net revenue retention and customer cohort stabilization, the company is well-positioned to capitalize on opportunities for ACV growth and cross-selling, particularly in the mid-market and enterprise segments.

Sprout Social reports strong Q3 performance and eyes growth opportunities

Sprout Social's Q3 2023 earnings call highlighted strong financial performance, product evolution, and strategic positioning. The acquisition of Tagger and the company's partnership with Salesforce present significant growth opportunities. However, challenges include addressing customer churn and scrutiny from analysts on various operational aspects.

SPT reports robust Q4 earnings, eyes growth through strategic partnerships

SPT's Q4 performance showcased strong financial results and strategic focus on customer growth. The company aims for continued growth in 2024, emphasizing product enhancements and partnership opportunities.

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Sprout Social, Inc. provides 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 in 2010 and is headquartered in Chicago, IL.

Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today an

Sprout Social Announces CEO Succession Plan

CHICAGO, April 08, 2024 (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, 2024 after market close on Thursday, May 2, 2024.

Sprout Social to Announce First Quarter 2024 Financial Results on May 2, 2024

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Sprout Social's community platform, The Arboretum, introduces a mentorship program to support learning and growth for marketing and social media professionals Sprout Social's community platform, The Arboretum, introduces a mentorship program to support learning and growth for marketing and social media professionals

Sprout Social Launches New Mentorship Network for Marketers

CHICAGO, March 14, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced the appointment of Crystal Boysen to chief people officer (CPO), effective March 25, 2024. As CPO, Boysen will oversee Sprout's global people function and have an essential role in building and elevating Sprout's world-class team.

Sprout Social Names Crystal Boysen as Chief People Officer

Sprout Social's business momentum remains strong and the market has overlooked customer churn issues. The company has shown impressive revenue growth, driven by upmarket trends and successful cross-selling initiatives. The Salesforce partnership and improved sales team productivity position Sprout Social for further growth acceleration.

Sprout Social: Remain Bullish As Business Momentum Continues

Sprout Social (SPT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Sprout Social (SPT) Upgraded to Buy: What Does It Mean for the Stock?

Sprout Social, Inc. (SPT) Q4 2023 Earnings Call Transcript

The headline numbers for Sprout Social (SPT) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Sprout Social (SPT) Reports Q4 Earnings: What Key Metrics Have to Say

CHICAGO, Feb. 20, 2024 (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 fourth quarter ended December 31, 2023. “We're pleased to share incredibly strong fourth quarter results,” said Justyn Howard, Sprout Social's CEO and co-founder.

Sprout Social Announces Fourth Quarter 2023 Financial Results Above Guidance Range

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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.

Earnings Preview: Sprout Social (SPT) Q4 Earnings Expected to Decline

Social Customer Care by Sprout Social enables brands to provide faster, personalized and complete customer care Social Customer Care by Sprout Social enables brands to provide faster, personalized and complete customer care

Sprout Social Launches New Care Solution to Power Exceptional Customer Experiences

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Sprout Social is the IBD Stock of the Day as the founder-led company rebounds from its 50-day moving average, providing an early entry point.

How Salesforce Partnership Is Helping Sprout Social's Push Up Market

Based on customer reviews and satisfaction, Sprout Social earns G2's top recognition for software products overall Based on customer reviews and satisfaction, Sprout Social earns G2's top recognition for software products overall

Sprout Social Named #1 Best Software Product by G2

Sprout Social's revenue has grown consistently well (CAGR +40%), as Management has executed an aggressive go-to-market strategy, underpinned by a quality platform. Management is continuing to innovate and is supplementing this with M&A. We consider AI and ML to be key opportunities to transform the quality of its offerings. SPT is also benefiting from industry tailwinds, contributing to large customer wins. With both ARR and ACV growing at ~30%, we see an impressive decade ahead.

Sprout Social: High Growth Trajectory And Potentially The Next Big SaaS Company

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CHICAGO, Jan. 09, 2024 (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, 2023 after market close on Tuesday, February 20, 2024.

Sprout Social to Announce Fourth Quarter 2023 Financial Results on February 20, 2024

CHICAGO, Dec. 20, 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 the promotion of Alan Boyce to Chief Technology Officer (CTO). In this role, he will oversee Sprout's global technology, engineering, IT and compliance organizations. Aaron Rankin will remain at Sprout Social as Co-Founder focused on supporting the executive team and the strategic direction of the Company, and will continue to serve on Sprout Social's Board of Directors.

Sprout Social Announces Promotion of Alan Boyce to Chief Technology Officer

CHICAGO, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, has been recognized by G2 's 2024 Winter Reports as a leader in 150 categories spanning all business segments, from small business to mid-market and enterprise, and across all regions including EMEA, APAC, and the Middle East.

Sprout Social Earns 150 Badges in G2's 2024 Winter Reports, Adding to its Recognition as a Leader Across Business Segments and Global Markets

The Arboretum reaches membership milestone less than a year after its public launch The Arboretum reaches membership milestone less than a year after its public launch

Sprout Social's Community for Marketers, The Arboretum, Surpasses 10,000 Members

CHICAGO, Nov. 17, 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 the appointment of Scott Morris to chief marketing officer (CMO), effective December 4, 2023. As CMO, Morris will oversee Sprout's global marketing organization and be a key contributor to Sprout's continued growth.

Sprout Social Names Scott Morris as Chief Marketing Officer

SANTA MONICA, Calif.--(BUSINESS WIRE)-- #influencermarketing--Tagger by Sprout Social, the global technology leader in making influencer marketing more intelligent, releases its first Automotive Industry Index today. The report, which looks at data for the first half of 2023, highlights which auto brands are winning at influencer marketing and how consumer preferences are shifting when it comes to consuming industry content. Leveraging Tagger's social intelligence engine, Signals, the report looks at overall platform.

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