Reports Q4 revenue $120.89M, consensus $118.77M. “Our team delivered strong results in the fourth quarter, highlighted by 15% total RPO growth and strong non-GAAP profitability,” said Ryan Barretto, CEO of Sprout Social (SPT). “We are announcing a new operating goal of reaching 30% on a non-GAAP basis against a Rule of 40 framework by fourth quarter 2027 as well as making continued investments to expand our reach deeper into the $30K+ customer segment, which has been a solid success for Sprout Social.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPT:
- Sprout Social launches new AI-powered solutions, enters Reddit partnership
- Sprout Social: Guidance Upside and Sector-Driven Pullback Create an Attractive Buy Opportunity
- SPS Commerce CFO Kim Nelson to retire, Joseph Del Preto to succeed
- Sprout Social Announces Upcoming CFO Transition and Search
- Sprout Social price target lowered to $12 from $14 at Morgan Stanley