SPT Stock Recent News

CHICAGO, Oct. 07, 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 second quarter ending September 30, 2024 after market close on Thursday, November 7, 2024.

Contract addition enhances the availability of Sprout Social's social media management platform to the Public Sector Contract addition enhances the availability of Sprout Social's social media management platform to the Public Sector

Sprout Social Inc. (NASDAQ: SPT) is in the spotlight today after KeyBanc Capital Markets downgraded the stock from Sector Weight to Underweight with a new price target of $28, reflecting a 17.5% downside from its current trading price.

Shares of Sprout Social Inc SPT tanked in early trading on Thursday.

CHICAGO, Aug. 07, 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 Mike Wolff to Chief Revenue Officer, effective September 2, 2024. As Chief Revenue Officer, Wolff will oversee Sprout's global Sales, Success and Partnerships organization. He will focus on the continued global growth and expansion of Sprout's innovative offerings.

Sprout Social fell slightly after reporting Q2 results, putting a stop to its recent post-Q1 rebound. The company reported revenue growth decelerating to 25% y/y (versus the mid-30s as recently as two quarters ago), and is expecting to slow further to 19% y/y growth in Q3. Management is noting that the buying environment is still soft, with greater scrutiny and approvals needed to close deals.

Sprout Social, Inc. (NASDAQ:SPT ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Jason Rechel - Vice President, Investor Relations Justyn Howard - Chief Executive Officer Ryan Barretto - President Joe Del Preto - Chief Financial Officer Conference Call Participants David Hynes - Canaccord Genuity Parker Lane - Stifel Arjun Bhatia - William Blair Adam Hotchkiss - Goldman Sachs Jackson Ader - KeyBanc Capital Markets Elizabeth Porter - Morgan Stanley Matt VanVliet - BTIG Brian Schwartz - Oppenheimer Surinder Thind - Jefferies Operator Thank you for standing by. My name is Meg, and I will be your conference operator today.

Sprout Social (SPT) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.07 per share a year ago.

CHICAGO, Aug. 01, 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 second quarter ended June 30, 2024. “We're pleased to share that we're tracking ahead of the plan outlined last quarter,” said Ryan Barretto, President and incoming CEO.

NEW YORK, NY / ACCESSWIRE / July 12, 2024 / If you suffered a loss on your Sprout Social, Inc. (NASDAQ:SPT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/sprout-social-inc-lawsuit-submission-form?prid=90571&wire=1 or contact Joseph E. Levi, Esq.