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.
Sprout Social, Inc. (NASDAQ: SPT) is a provider of cloud-based social media management and analytics software, and the news flow around the company reflects its role at the intersection of social media, marketing technology and enterprise software. This page aggregates news about Sprout Social, including earnings announcements, product launches, research reports and recognition from third-party platforms.
Investors and analysts following SPT can expect quarterly financial results updates, typically released via press releases and accompanied by conference calls and webcasts. These announcements cover revenue trends, remaining performance obligations, non-GAAP metrics and guidance, and are often furnished to the SEC on Form 8-K. News items may also highlight customer metrics and examples of organizations using Sprout Social’s platform.
Beyond financial reporting, Sprout Social regularly issues news about product developments and integrations. Recent examples include the launch of Sprout AI and its Trellis AI agent, which are designed to turn social data into enterprise intelligence, and an integration with Canva that streamlines the path from design to social publishing. The company also reports on enhancements to its influencer marketing platform and social customer care capabilities.
Another recurring theme in Sprout Social’s news is industry recognition and research. Press releases have detailed awards from G2 and TrustRadius, leadership positions in analyst evaluations such as IDC MarketScape, and proprietary research like the Impact of Social Media Report and the Social Media Dictionary. These items provide context on how brands use social media for commerce, customer care and discovery, and how Sprout Social positions its platform in response.
For anyone tracking SPT, this news feed offers a centralized view of the company’s operational updates, strategic initiatives, research publications and industry accolades over time.
Sprout Social, Inc. (Nasdaq: SPT) will announce its fourth-quarter financial results for 2022 on February 21, 2023, after market close. The company will hold a conference call and webcast at 4:00 p.m. CT to discuss these results and business highlights. Sprout Social provides social media management solutions to over 34,000 brands globally, enabling businesses to leverage social insights for growth. The event's details are available on Sprout's investor relations website, with a replay accessible for 12 months post-event.
Sprout Social, a leader in cloud-based social media management software, will have its senior management participate in the 25th Annual Needham Growth Conference on January 11, 2023, at 1:15 PM CT. A live webcast of the presentation will be available on the Sprout Social investor relations website, with an archived replay accessible for 90 days. The company serves over 34,000 brands and agencies globally, providing comprehensive social media solutions that integrate analytics and management across major platforms like Twitter, Facebook, Instagram, and others.
Sprout Social has announced a new integration with Tableau, enhancing data-driven decision-making by allowing users to combine social data from Sprout into Tableau. This integration is part of Sprout's broader global partnership with Salesforce, aimed at providing a 360-degree view of customer performance. This new feature facilitates the creation of customized dashboards, enabling organizations to leverage social insights for better customer understanding. The collaboration underscores the shared vision of both companies to empower brands in a competitive market.
Sprout Social (Nasdaq: SPT) will participate in the Barclays Global Technology, Media and Telecommunications Conference on December 7, 2022, at 11:50 AM CT. The event will feature senior management discussing the company's strategic initiatives. Interested parties can access a live webcast on the investor relations website, with an archived replay available for 180 days post-event. Sprout Social provides cloud-based social media management solutions to over 34,000 brands, integrating insights from major platforms.
Sprout Social, Inc. (Nasdaq: SPT) reported Q3 2022 revenue of $65.3 million, a 33% increase year-over-year, with an Annual Recurring Revenue (ARR) of $271.3 million, also up 33%. Despite a GAAP operating loss of ($14.4) million, the company has raised its annual growth guidance, expecting continued strong performance in Q4. The projected total revenue for Q4 ranges from $69.8 million to $69.9 million, indicating 31% growth year-over-year. Cash and equivalents stood at $181.9 million as of September 30, 2022, marking a slight increase from the previous quarter.
Sprout Social, Inc. (Nasdaq: SPT) has announced its upcoming financial results for the third quarter ending September 30, 2022. The report will be released after market close on November 3, 2022. Following the release, a conference call and webcast will take place at 4:00 p.m. Central Time, providing insights into the Company's performance. Sprout Social serves over 33,000 brands globally, offering a comprehensive suite of social media management solutions. Investors can access the conference call through the Company’s investor relations website.
Sprout Social has launched its rebranded Employee Advocacy solution, allowing brands to amplify their social media presence through employee participation. Over 68% of marketers are utilizing advocacy programs to increase brand awareness and lead generation. The solution allows users to manage social posts and track engagement metrics, enhancing brand outreach significantly. For example, Ivanti reported an increase from 1 million to 17 million in reach within six months, attributing $500k in earned media value monthly to this initiative.
Sprout Social announced a new integration with Salesforce Service Cloud, enhancing customer interaction management. This integration allows brands to manage social customer care requests within Service Cloud, enriching CRM profiles with social data for a comprehensive customer view. Additionally, it incorporates Salesforce's Marketing Cloud Intelligence, providing automated social insights for marketing dashboards. This partnership aims to meet evolving consumer behaviors and expectations, establishing Sprout Social as the preferred solution for Salesforce customers seeking an omni-channel customer experience.
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Sprout Social (Nasdaq: SPT) announced participation in two upcoming investor events: the Keybanc Technology Leadership Forum on August 9th and the Canaccord Growth Conference on August 11th, both starting at 10:00 AM CT. Investors can access live webcasts of the presentations on Sprout Social’s investor relations website, with archived replays available later.
Sprout Social provides cloud-based social media management solutions to over 33,000 brands globally, enhancing business operations through data-driven insights. For more details, visit their investor relations page.