secwatch.observer — SEC 8-K summary
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Issuer:     Sprout Social, Inc. (SPT)
CIK:        0001517375
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001517375-23-000119
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sprout Social Q3 revenue $85.5M (+31% YoY), above guidance; raises 2023 outlook
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- Q3 revenue $85.5M (+31% YoY), above guidance; ARR $359.5M (+33% YoY).
- RPO $228.7M (+67% YoY); GAAP net loss ($23.0M) vs ($13.9M) YoY.
- Non-GAAP net loss ($0.6M) improved from ($1.0M) YoY; Non-GAAP EPS ($0.01) vs ($0.02).
- Raised full-year 2023 guidance (specific numbers not provided in excerpt); cash $121.4M.
- Operating cash flow ($5.5M) vs $1.0M YoY; free cash flow ($3.4M) vs $0.5M YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517375/000151737523000119/0001517375-23-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517375/000151737523000119/spt-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001517375-23-000119

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