secwatch.observer — SEC 8-K summary
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Issuer:     Sprout Social, Inc. (SPT)
CIK:        0001517375
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001517375-24-000097
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 Q2 revenue $99.4M (+25% YoY); non-GAAP EPS $0.09, ahead of guidance
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- Revenue $99.4M (+25% YoY); GAAP net loss ($0.30)/share; non-GAAP EPS $0.09.
- RPO $295.1M (+43% YoY); cRPO $212.5M (+38% YoY) as of June 30, 2024.
- Non-GAAP operating income $5.3M vs $1.9M YoY; free cash flow $2.5M.
- Management reiterates full-year 2024 guidance; incoming CEO cites record pipeline.
- Cash and equivalents $93.2M as of June 30, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517375/000151737524000097/0001517375-24-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517375/000151737524000097/spt-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001517375-24-000097

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