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.

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Sprout Social, Inc. (SPT) Investors.

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Sprout Social, Inc. (SPT) Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Sprout Social, Inc. (“Sprout Social” or the “Company”) (NASDAQ: SPT) securities between November 2, 2023 and May 2, 2024, inclusive (the “Class Period”). Sprout Social investors have until July 12, 2024 to file a lead plaintiff motion. Investors suffering losses on their Sprout Social investments are encouraged to contact the Law Offices of How.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Sprout Social, Inc. (SPT) Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Northern District of Illinois, captioned Munch v. Sprout Social, Inc., et al., Case No. 1:24-cv-03867, on behalf of persons and entities that purchased or otherwise acquired Sprout Social, Inc. (“Sprout Social” or the “Company”) (NASDAQ: SPT) securities between November 2, 2023 and May 2, 2024, inclusive (the “Class Period”). Plain.

SPT CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Sprout Social, Inc.

Sprout Social (SPT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Sprout Social (SPT) Loses -49.43% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Sprout Social (SPT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

All You Need to Know About Sprout Social (SPT) Rating Upgrade to Buy

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LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Sprout Social, Inc. (“Sprout Social” or the “Company”) (NASDAQ: SPT) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Sprout Social investments or would like to inquire about potentially pursuing claims to recover your loss under the federal s.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Sprout Social, Inc. (SPT) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Sprout Social, Inc. (“Sprout Social” or the “Company”) (NASDAQ: SPT) investors concerning the Company's possible violations of federal securities laws. On May 2, 2024, Sprout Social released its first quarter 2024 financial results, missing the Company's prior guidance and lowering its 2024 outlook by approximately $20 million. The Company explained that its transition to enterprise set it bac.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Sprout Social, Inc. (SPT) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Sprout Social, Inc. (“Sprout Social” or the “Company”) (NASDAQ: SPT) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On May 2, 2024, Sprout Social released its first quarter 2024 financial results, missing the Company's prior guidance and lowering its 2024 outlook by approximately $20.

The Law Offices of Frank R. Cruz Announces Investigation of Sprout Social, Inc. (SPT) on Behalf of Investors

NEW YORK , May 7, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sprout Social, Inc. ("Sprout Social" or the "Company") (NASDAQ: SPT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors Sprout Social, Inc. - SPT

LOS ANGELES, CA / ACCESSWIRE / May 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sprout Social, Inc. ("Sprout" or "the Company") (NASDAQ:SPT) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

IMPORTANT INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Sprout Social, Inc. and Encourages Investors to Contact the Firm

Sprout Social (NASDAQ: SPT ) stock is falling on Friday after the social media management company announced earnings results for the first quarter of 2024. Holding back Sprout Social stock this morning is its revenue of $96.78 million.

Why Is Sprout Social (SPT) Stock Down 32% Today?

Sprout Social Inc (NASDAQ:SPT) stock dropped over 25% after reporting quarterly financials that missed Wall Street expectations. The social media management software provider reported $96.8 million of revenue, which increased 29% year-over-year, but was short of analyst forecasts pitched at $97.4 million.

Sprout Social falls 25% with its outlook downgraded ahead of CEO handover

Sprout Social, Inc. (NASDAQ:SPT ) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Jason Rechel - Vice President of Investor Relations Justyn Howard - CEO Ryan Barretto - President Joe Del Preto - CFO Conference Call Participants Raimo Lenschow - Barclays Arjun Bhatia - William Blair DJ Hynes - Canaccord Genuity Parker Lane - Stifel Adam Hotchkiss - Goldman Sachs Rob Oliver - Baird Rob Morelli - Equity Research Jackson Ader - KeyBanc Capital Markets Ryan Bressner - Morgan Stanley Matt VanVliet - BTIG Clarke Jeffries - Piper Sandler Surinder Thind - Jefferies Brian Schwartz - Oppenheimer Operator Thank you for standing by. My name is Dee, and I will be your conference operator today.

Sprout Social, Inc. (SPT) Q1 2024 Earnings Call Transcript

Although the revenue and EPS for Sprout Social (SPT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Sprout Social (SPT) Q1 Earnings: A Look at Key Metrics

CHICAGO, May 02, 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 first quarter ended March 31, 2024. “As partners in this company's success to date and strategic direction moving forward, Ryan and I had an opportunity to re-draw our roles to best position us to accelerate beyond our $1B target.

Sprout Social Announces First Quarter 2024 Financial Results

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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) Q1 Earnings Expected to Decline

In addition to a rising trust in influencers, the new report from Sprout Social shows nearly half of consumers make a purchase at least once a month because of influencers In addition to a rising trust in influencers, the new report from Sprout Social shows nearly half of consumers make a purchase at least once a month because of influencers

New Research Reveals Influencers Significantly Drive Purchasing Decisions

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.

News for Sprout Social Stock (SPT)