secwatch.observer — SEC 8-K summary
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Issuer:     Sprout Social, Inc. (SPT)
CIK:        0001517375
Form:       8-K
Filed at:   2021-11-02T23:59:59+00:00
Accession:  0001517375-21-000058
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 Q3 revenue $49.1M, up 46% YoY; beats guidance range
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- Revenue of $49.1M, up 46% YoY; ARR of $204.6M, up 44% YoY.
- GAAP net loss ($7.0M) or ($0.13) per share; Non-GAAP net loss ($1.8M) or ($0.03) per share.
- Non-GAAP operating loss narrowed to ($1.6M) from ($4.4M) a year ago.
- Free cash flow turned positive at $4.2M, vs. ($4.0M) in Q3 2020.
- Customer count 30,705; expects full-year 2021 revenue growth of 40%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517375/000151737521000058/0001517375-21-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517375/000151737521000058/spt-20211102.htm
  HTML page:      https://secwatch.observer/filing/0001517375-21-000058

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