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Sprout Social, Inc - $SPT STOCK NEWS

Welcome to our dedicated page for Sprout Social news (Ticker: $SPT), a resource for investors and traders seeking the latest updates and insights on Sprout Social stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sprout Social's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sprout Social's position in the market.

Rhea-AI Summary

Sprout Social, Inc. (

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-40.15%
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Rhea-AI Summary
The 2024 Influencer Marketing Report by Sprout Social reveals that influencers significantly impact consumer purchasing decisions. Key findings include high trust in influencers, with 49% of consumers making purchases due to influencer posts. Gen Z consumers trust influencers more and are more likely to make frequent purchases. The report also highlights the emergence of AI influencers and consumer engagement preferences on various platforms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.13%
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none
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Rhea-AI Summary
Sprout Social, Inc. announces CEO succession plan, with President Ryan Barretto set to become CEO on October 1, 2024, while current CEO Justyn Howard transitions to Executive Chair. Barretto, who joined in 2016, has played a key role in the company's growth from $30M ARR to over $385M in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.92%
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none
Rhea-AI Summary
Sprout Social, Inc. will report its Q1 2024 financial results on May 2, 2024, after market close. The conference call and webcast will discuss business highlights at 4:00 p.m. CT. Online registration available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.92%
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Rhea-AI Summary
Sprout Social introduces mentorship program on The Arboretum platform for marketing and social media professionals, aiming to support career growth and industry connections. The program offers mentorship opportunities, educational resources, and networking events to members, fostering collaboration and professional development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.78%
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Rhea-AI Summary
Sprout Social, Inc. appoints Crystal Boysen as Chief People Officer to drive people-first organization and culture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.02%
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none
Rhea-AI Summary
Sprout Social, Inc. reported strong fourth quarter financial results with revenue of $93.6 million, a 34% increase year-over-year. The company achieved total revenue of $333.6 million for fiscal year 2023, up 31% from the previous year. Operating loss improved to $4.7 million from ($3.9) million in fiscal 2022. Sprout Social expects total revenue between $425.3 million and $425.5 million for 2024, showcasing a positive outlook for growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.98%
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Rhea-AI Summary
Sprout Social launches Social Customer Care, enhancing customer engagement with AI and comprehensive case management solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.42%
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News
Rhea-AI Summary
Sprout Social announced an enhanced partnership with Reddit, providing deeper real-time data access to its users. With over 100,000 active communities and 70 million daily active users, Reddit offers valuable insights into public conversations, customer activity, brand and industry trends. This expanded offering aims to help organizations gauge brand health, implement proactive care strategies, and build better products. The new offering will be available to all Sprout customers by this summer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.89%
Tags
partnership
Rhea-AI Summary
Sprout Social has been named the #1 Best Software Product by G2's 2024 Best Software Awards, marking the eighth consecutive year the company has been recognized. The company's recent investments in AI, new partnerships, and acquisitions have contributed to its success. Customer feedback highlights the platform's transformative impact on social media operations, time-saving features, improved analytics, and seamless integrations with other platforms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
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Sprout Social, Inc

Nasdaq:SPT

SPT Rankings

SPT Stock Data

1.52B
48.67M
1.99%
118.04%
15.51%
Software Publishers
Information
Link
United States of America
CHICAGO

About SPT

sprout social enables brands to find, form, and deepen the connections with their social audience. say hello at social@sproutsocial.com. http://bit.ly/2vri63m