secwatch.observer — SEC 8-K summary
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Issuer:     Sprout Social, Inc. (SPT)
CIK:        0001517375
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0001517375-23-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517375/000151737523000012/0001517375-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517375/000151737523000012/spt-20230221.htm
  HTML page:      https://secwatch.observer/filing/0001517375-23-000012

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