SPT - Sprout Social Inc. (SPT) Q1 2024 Earnings Call Transcript
2024-05-02 22:15:25 ET
Sprout Social, Inc. (SPT)
Q1 2024 Earnings Conference Call
May 2, 2024 5:00 PM ET
Company Participants
Jason Rechel - Vice President of Investor Relations
Justyn Howard - CEO
Ryan Barretto - President
Joe Del Preto - CFO
Conference Call Participants
Raimo Lenschow - Barclays
Arjun Bhatia - William Blair
DJ Hynes - Canaccord Genuity
Parker Lane - Stifel
Adam Hotchkiss - Goldman Sachs
Rob Oliver - Baird
Rob Morelli - Equity Research
Jackson Ader - KeyBanc Capital Markets
Ryan Bressner - Morgan Stanley
Matt VanVliet - BTIG
Clarke Jeffries - Piper Sandler
Surinder Thind - Jefferies
Brian Schwartz - Oppenheimer
Presentation
Operator
Thank you for standing by. My name is Dee, and I will be your conference operator today. At this time, I would like to welcome everyone to the Sprout Social First Quarter 2024 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.
I would now like to turn the call over to Jason Rechel, Vice President of Investor Relations. Please go ahead.
Jason Rechel
Thank you, operator. Welcome to Sprout Social’s first quarter 2024 earnings call. We’ll be discussing the results announced in our press release issued after the market closed today, and have also released an updated investor presentation which can be found on our website. With me are; Sprout Social’s CEO, Justyn Howard; CFO, Joe Del Preto; and President, Ryan Barretto.
Today’s call will contain forward-looking statements which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking. These include, among others, statements concerning our expected future financial performance and business plans and objectives, and can be identified by words such as expect, anticipate, intend, plan, believe, seek, opportunity or will. These statements reflect our views as of today only and should not be relied upon as representing our views at any subsequent date, and we do not undertake any duty to update these statements.
Forward-looking statements address matters that are subject to risks and uncertainties that could cause actual results to differ materially. For a discussion of the risks and other important factors that could affect our actual results, please refer to our annual report on Form 10-K for the fiscal year ended December 31st, 2023, filed on February 23rd, 2024, as well as any future reports that we file with the SEC.
During the call, we’ll discuss non-GAAP financial measures which are not prepared in accordance with Generally Accepted Accounting Principles. Definitions of these non-GAAP financial measures, along with reconciliation to the most directly comparable GAAP financial measures are included in our first quarter earnings press release, which has been furnished to the SEC and is available on our website at investors.sproutsocial.com.
And with that, let me turn the call over to Justin. Justin?
Justyn Howard
Thank you, Jason and thank you to everyone for joining us. We always appreciate your time. I’m excited to get us started today by expanding on our news to promote Ryan Barretto to CEO, before handing things over to him. Ryan and I have had an incredible partnership over the past eight years, but it only took me a few of those years to recognize that he should and would become our CEO....
Sprout Social, Inc. (SPT) Q1 2024 Earnings Call Transcript