SPT News and Press, Sprout Social Inc From 11/03/22

Sprout Social press release ( NASDAQ: SPT ): Q3 Non-GAAP EPS of -$0.02(vs. -$0.03 Y/Y) beats by $0.02 . Revenue of $65.3M (+33.0% Y/Y) beats by $0.31M . For the full year 2022, the Company now expects: Total revenue between $254.0 to $254.1 million, or ...

Summary Today, we put Sprout Social in the spotlight for the first time. The stock has lost more than 50% of its value over the past year as the fizz has gone out of growth stocks. However, insiders are not buying shares in SPT; they are still selling on a frequent basis. ...

CHICAGO, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced that it will report its financial results for the third qu...

CHICAGO, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Today, Sprout Social announced the launch of its rebranded advocacy solution, Employee Advocacy by Sprout Social . With this solution, users can create and publish their employee-driven amplification efforts from Sprout’s comprehensi...

CHICAGO, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Today, Sprout Social announced a new integration with Salesforce Service Cloud to provide brands with a 360-degree view of their customer interactions. Earlier this year, Sprout Social and Salesforce launched a global partnership...

Summary Cloud software stocks have been hammered in the past few months. The WisdomTree Cloud Computing ETF is down 57% from its previous high, and almost 20% in the past month alone. As we wrap up earnings season, some trends have emerged. Many software stocks have hit tw...

CHICAGO, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Great Place to Work and PEOPLE magazine have named Sprout Social as one of the 2022 PEOPLE Companies that Care . The Companies that Care award is based on over 1 million employee survey responses and data from companies representing more th...

Sprout Social has been resilient to the macroeconomic environment. Although the company is burning more cash, its investments have returned with astounding growth. Sprout Social is in a fast-growing market and its current valuation presents a significant upside. Introduction...

Sprout Social serves 32,000 customers across 100 countries, and 90% of the leads are inbound with a 30-day free trial, which highlights the value of the product. Salesforce, Inc. recently decided to sunset its product and exit the market (following Adobe and Oracle), choosing Sprout a...

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Small Cap Fund was down 18.60% (Institutional Shares) in the second quarter 2022. The economy is slowing, as we...