Sprout Social beats Q3 estimates, raises FY guidance; ARR up 33% to $271.3M

Sprout Social, Inc.

2022-Q3 EPS reported -$0.70 revenue$184,168,000

Revenue $65.3M (+33% YoY); ARR $271.3M (+33% YoY); above guidance range.
GAAP net loss ($13.9M) or ($0.25)/share; Non-GAAP net loss ($1.0M) or ($0.02)/share.
Free cash flow $0.5M vs $4.2M YoY; cash and securities $181.9M.
CEO cites expected record net new ARR in Q4 and 300bps YoY margin improvement.
Raised annual growth and margin guidance despite challenging macro climate.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Sprout Social, Inc. reported the quarter ended September 30, 2022 results: revenue $65.3 million, net income ($13.9) million, EPS ($0.25). Guidance raised.

Period: the quarter ended September 30, 2022
Revenue: $65.3 million
Net income: ($13.9) million
EPS: ($0.25)
Guidance: raised
Result: reported results

Exact text from the filing

--- sproutsocial3q22earnings Sprout Social Announces Third Quarter 2022 Financial Results Above Guidance Range ARR growth of 33% year-over-year Third quarter total revenue of $65.3 million, up 33% year-over-year CHICAGO, November 3, 2022 – Sprout Social, Inc. (“Sprout Social” or the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media

View on SEC.gov

Browse all earnings releases →

Sprout Social, Inc. filing history →

Source: SEC EDGAR

accession 0001517375-22-000036

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.