Sprout Social Q1 revenue $57.4M (+41% YoY); ARR $239.1M (+39%); beats guidance range

Sprout Social, Inc.

2022-Q1 EPS reported -$0.18 revenue$57,429,000

Revenue of $57.4M, up 41% YoY; ARR grew 39% to $239.1M.
GAAP net loss ($9.8M) vs ($6.4M) YoY; GAAP EPS ($0.18) vs ($0.12).
Non-GAAP net loss narrowed to ($1.4M) from ($2.5M); non-GAAP EPS ($0.03) vs ($0.05).
Cash and equivalents $180.8M; free cash flow $5.1M, up from $3.4M YoY.
Results above Q1 guidance range; Q1 operating loss and net loss improved on a non-GAAP basis.

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