{"schema_version":"secwatch.filing_event.v1","accession":"0001517375-23-000059","form_type":"8-K","ticker":"SPT","cik":"0001517375","company_name":"Sprout Social, Inc.","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.204178+00:00","generated_at":"2026-06-16T03:22:21.477069+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"medium","headline":"Sprout Social Q1 beats: Rev $75.2M, Non-GAAP EPS $0.06, ARR $309.9M","bullets":["Revenue $75.2M, up 31% YoY; ARR $309.9M, up 30% YoY.","GAAP net loss $10.3M ($0.19 loss per share); Non-GAAP net income $3.4M ($0.06 EPS).","Free cash flow $7.9M vs $5.1M YoY, a record for the company.","Customers >$2k ARR grew >35% YoY and now represent >95% of total ARR.","Results exceeded prior guidance range; non-GAAP operating income $1.7M vs ($1.2M) loss YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001517375-23-000059","json":"https://secwatch.observer/filing/0001517375-23-000059.json","markdown":"https://secwatch.observer/filing/0001517375-23-000059.md","text":"https://secwatch.observer/filing/0001517375-23-000059.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1517375/000151737523000059/0001517375-23-000059-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1517375/000151737523000059/spt-20230502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T03:22:21.477069+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4439becf9c36f8a0dec725ecd7a92157e2d72202","claim":"Sprout Social, Inc. reported first quarter ended March 31, 2023 results: revenue $75.2 million, net income ($10.3) million, EPS ($0.19).","evidence_excerpt":"and our multi-year investments in AI & automation each provide confidence into durable and efficient growth.” First Quarter 2023 Financial Highlights Revenue ● Revenue was $75.2 million, up 31% compared to the first quarter of 2022. ● ARR was $309.9 million, up 30% compared to the first quarter of 2022. ● During Q1, we prioritized customer success and growth","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1517375/000151737523000059/0001517375-23-000059-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$75.2 million"},{"label":"Net income","value":"($10.3) million"},{"label":"EPS","value":"($0.19)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}