{"schema_version":"secwatch.filing_event.v1","accession":"0001517375-24-000067","form_type":"8-K","ticker":"SPT","cik":"0001517375","company_name":"Sprout Social, Inc.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.783242+00:00","generated_at":"2026-06-03T00:24:20.540645+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":"high","headline":"Sprout Social Q1 revenue up 29% to $96.8M; CEO Justyn Howard becomes Executive Chair, Barretto succeeds","bullets":["Revenue $96.8M (+29% YoY); RPO $290M (+54%), cRPO $210.6M (+48%).","GAAP net loss ($13.6M) vs ($10.3M); non-GAAP net income $5.7M; non-GAAP EPS $0.10.","CEO transition: co-founder Justyn Howard becomes Executive Chair, President Ryan Barretto named CEO.","Changed deferred commission amortization from 3- to 5-year average life, reducing Q1 S&M by $4.4M.","Non-GAAP free cash flow $11.3M, up from $7.9M in prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0001517375-24-000067","json":"https://secwatch.observer/filing/0001517375-24-000067.json","markdown":"https://secwatch.observer/filing/0001517375-24-000067.md","text":"https://secwatch.observer/filing/0001517375-24-000067.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1517375/000151737524000067/0001517375-24-000067-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1517375/000151737524000067/spt-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:24:20.540645+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":"84e648843fd2dc9a0cf5c48ae74e2070e85369e9","claim":"Sprout Social, Inc. reported first quarter ended March 31, 2024 results: revenue $96.8 million, net income GAAP net loss was ($13.6) million, EPS GAAP net loss per share was ($0.24).","evidence_excerpt":"focus around our best customer cohorts will allow us to scale a durable, efficient upmarket land & expand motion.” First Quarter 2024 Financial Highlights Revenue ● Revenue was $96.8 million, up 29% compared to the first quarter of 2023. ● Total remaining performance obligations (RPO) of $290.0 million as of March 31, 2024, up 54% year-over-year. ● Current remaining","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1517375/000151737524000067/0001517375-24-000067-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$96.8 million"},{"label":"Net income","value":"GAAP net loss was ($13.6) million"},{"label":"EPS","value":"GAAP net loss per share was ($0.24)"},{"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"}