secwatch.observer — SEC 8-K summary
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Issuer:     Sprout Social, Inc. (SPT)
CIK:        0001517375
Form:       8-K
Filed at:   2021-08-03T23:59:59+00:00
Accession:  0001517375-21-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sprout Social Q2 revenue $44.7M (+42% YoY); first non-GAAP profit; raises FY2021 guidance
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- Revenue $44.7M, up 42% YoY; ARR $189.1M, up 45% YoY.
- GAAP operating loss narrowed to ($5.3M) from ($8.3M); non-GAAP operating income $0.1M.
- First non-GAAP net income of $0.0M vs loss ($5.8M); GAAP EPS ($0.10).
- Free cash flow positive at $4.1M vs ($4.5M) prior year; cash $171.5M.
- Customer count 29,612; raised full-year 2021 guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517375/000151737521000038/0001517375-21-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517375/000151737521000038/spt-20210803.htm
  HTML page:      https://secwatch.observer/filing/0001517375-21-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer