Sprout Social Q4 revenue $69.7M (+31% YoY); record net new ARR; expects accelerating ARR growth in 2023

Sprout Social, Inc.

2022-FY EPS reported -$0.92 revenue$253,828,000

Revenue $69.7M, up 31% YoY; ARR $296.6M, up 32% YoY.
GAAP net loss ($11.9M) vs ($9.9M) prior year; Non-GAAP net income $1.8M vs loss ($2.7M).
Non-GAAP EPS $0.03 vs ($0.05) prior year; free cash flow $2.6M.
Record net new ARR in Q4; management expects accelerating ARR growth in 2023.
Cash and marketable securities $185.8M as of Dec 31, 2022.

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 1.0

Sprout Social, Inc. reported fourth quarter ended December 31, 2022 results: revenue $69.7 million, net income ($11.9) million, EPS ($0.22).

Period: fourth quarter ended December 31, 2022
Revenue: $69.7 million
Net income: ($11.9) million
EPS: ($0.22)
Result: reported results

Exact text from the filing

are performing well, our partnerships are strengthening and social has never been more critical to our customers.” Fourth Quarter 2022 Financial Highlights Revenue ● Revenue was $69.7 million, up 31% compared to the fourth quarter of 2021. ● Subscription revenue was $69.2 million, up 31% year-over-year. ● Services revenue was $0.5 million. Partnership demand was

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Earnings Releases SEC 8-K Item 2.02 confidence 0.8

Sprout Social, Inc. reported financial results for fiscal year ended December 31, 2022.

Period: fiscal year ended December 31, 2022
Result: reported results

Exact text from the filing

Sprout Social, Inc. (the “Company”) issued a press release announcing its results for the quarter ended December 31, 2022, and providing its business outlook.

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Source: SEC EDGAR

accession 0001517375-23-000012

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