Sprout Social Q4 rev $93.6M (+34% YoY), beat; Non-GAAP op income $1.7M

Sprout Social, Inc.

2023-FY EPS reported -$1.19 revenue$333,643,000

Revenue $93.6M (+34% YoY), above guidance; ARR $385.2M (+30% YoY); RPO $275M (+69% YoY).
GAAP net loss ($20.1M) or ($0.36) per share; Non-GAAP net income $1.0M ($0.02) per share.
Cash & equivalents $98.1M; Non-GAAP FCF ($0.3M) vs $2.6M in Q4'22.
Named #1 best software product by G2.

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 0.9

Sprout Social, Inc. reported fourth quarter ended December 31, 2023 results: revenue $93.6 million, net income ($20.1) million, EPS ($0.36).

Period: fourth quarter ended December 31, 2023
Revenue: $93.6 million
Net income: ($20.1) million
EPS: ($0.36)
Result: reported results

Exact text from the filing

named the #1 best software product by G2, which we believe position Sprout to build on our momentum in 2024.” Fourth Quarter 2023 Financial Highlights Revenue ● Revenue was $93.6 million, up 34% compared to the fourth quarter of 2022. ● ARR was $385.2 million as of December 31, 2023, up 30% compared to December 31, 2022. ● Total remaining performance obligations

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Sprout Social, Inc. filing history →

Source: SEC EDGAR

accession 0001517375-24-000015

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