SPROUT SOCIAL, INC


Associated tags: Social media, Social, Sprout, Pinterest, Commerce, SPT

Locations: CRAIN, BELDEN, SEGA, PG, CHICAGO, IL, US, BENTLEY

Sprout Social Announces First Quarter 2024 Financial Results

Retrieved on: 
Thursday, May 2, 2024

CHICAGO, May 02, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its first quarter ended March 31, 2024.

Key Points: 
  • CHICAGO, May 02, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its first quarter ended March 31, 2024.
  • Net new ARR added in the first quarter of 2024 decreased relative to the first quarter of 2023.
  • These items are not within the Company’s control and may vary greatly between periods and could significantly impact future financial results.
  • The financial results and business highlights will be discussed on a conference call and webcast scheduled at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) today, May 2, 2024.

New Research Reveals Influencers Significantly Drive Purchasing Decisions

Retrieved on: 
Thursday, April 25, 2024

CHICAGO, April 25, 2024 (GLOBE NEWSWIRE) -- Influencers have cemented themselves as key components of modern marketing strategies, and new research reveals the significant power they have in directly shaping consumer purchasing behaviors.

Key Points: 
  • CHICAGO, April 25, 2024 (GLOBE NEWSWIRE) -- Influencers have cemented themselves as key components of modern marketing strategies, and new research reveals the significant power they have in directly shaping consumer purchasing behaviors.
  • Gen Z consumers reportedly trust influencers at a higher rate and are more likely to make daily or weekly purchases compared to other consumers.
  • “Our research makes it clear that influencers are not only viable but necessary partners to tap into consumer trust, especially among younger generations.
  • Consumer attitudes toward AI influencers: The rise of generative AI has led to the birth of AI-generated influencers.

Sprout Social Announces CEO Succession Plan

Retrieved on: 
Monday, April 15, 2024

CHICAGO, April 15, 2024 (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 President Ryan Barretto will become Sprout Social’s CEO, effective October 1, 2024.

Key Points: 
  • CHICAGO, April 15, 2024 (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 President Ryan Barretto will become Sprout Social’s CEO, effective October 1, 2024.
  • Co-Founder and current CEO Justyn Howard will step into the role of Executive Chair.
  • Barretto joined Sprout Social in 2016 as SVP of Global Sales & Success.
  • Prior to joining Sprout, Barretto spent ten years with Salesforce in a variety of leadership roles as the company scaled from $180M to more than $7B in annual sales.

Sprout Social to Announce First Quarter 2024 Financial Results on May 2, 2024

Retrieved on: 
Monday, April 8, 2024

CHICAGO, April 08, 2024 (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 first quarter ending March 31, 2024 after market close on Thursday, May 2, 2024.

Key Points: 
  • CHICAGO, April 08, 2024 (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 first quarter ending March 31, 2024 after market close on Thursday, May 2, 2024.
  • The financial results and business highlights will be discussed on a conference call and webcast scheduled at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on Thursday, May 2, 2024.
  • The live webcast of the conference call can be accessed from Sprout Social’s investor relations website at http://investors.sproutsocial.com .
  • Following completion of the events, a webcast replay will also be available at http://investors.sproutsocial.com for 12 months.

Sprout Social Launches New Mentorship Network for Marketers

Retrieved on: 
Tuesday, March 19, 2024

CHICAGO, March 19, 2024 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, today announced that its virtual community platform, The Arboretum, has launched a new mentorship program for social media and marketing professionals.

Key Points: 
  • CHICAGO, March 19, 2024 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, today announced that its virtual community platform, The Arboretum, has launched a new mentorship program for social media and marketing professionals.
  • Open to all marketers at no cost, Sprout Social launched The Arboretum last year and it became a hub for industry connection, community and mentorship– quickly surpassing more than 10,000 members .
  • "The Arboretum mentorship program will change the career trajectory for social media professionals around the world,” said Kalee Williams, a Social Media Strategist at Atlassian.
  • I’m excited to see the new Arboretum Mentorship Network grow and help engage industry professionals,” said Nycole Hampton, Senior Director, Content + Engagement at GoodRX.

Sprout Social Names Crystal Boysen as Chief People Officer

Retrieved on: 
Thursday, March 14, 2024

CHICAGO, March 14, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced the appointment of Crystal Boysen to chief people officer (CPO), effective March 25, 2024.

Key Points: 
  • CHICAGO, March 14, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced the appointment of Crystal Boysen to chief people officer (CPO), effective March 25, 2024.
  • As CPO, Boysen will oversee Sprout’s global people function and have an essential role in building and elevating Sprout’s world-class team.
  • Boysen brings more than 15 years of deep, cross-functional HR experience.
  • Prior to Sprout, Boysen was the CPO at Vimeo where she was responsible for driving a people-first organization and culture, and attracting, engaging and retaining talent globally as the company scaled.

Sprout Social Announces Fourth Quarter 2023 Financial Results Above Guidance Range

Retrieved on: 
Tuesday, February 20, 2024

CHICAGO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its fourth quarter ended December 31, 2023.

Key Points: 
  • CHICAGO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its fourth quarter ended December 31, 2023.
  • “We’re pleased to share incredibly strong fourth quarter results,” said Justyn Howard, Sprout Social’s CEO and co-founder.
  • Non-GAAP operating income was $1.7 million, compared to $0.6 million in the fourth quarter of 2022.
  • Non-GAAP net income was $1.0 million, compared to $1.8 million in the fourth quarter of 2022.

Sprout Social Launches New Care Solution to Power Exceptional Customer Experiences

Retrieved on: 
Tuesday, February 13, 2024

CHICAGO, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Sprout Social, an industry-leading provider of cloud-based social media management software, today announces the launch of Social Customer Care by Sprout Social , advancing the platform’s care offering with comprehensive case management solutions, AI-powered capabilities and robust reporting.

Key Points: 
  • CHICAGO, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Sprout Social, an industry-leading provider of cloud-based social media management software, today announces the launch of Social Customer Care by Sprout Social , advancing the platform’s care offering with comprehensive case management solutions, AI-powered capabilities and robust reporting.
  • Care by Sprout empowers brands to provide exceptional customer experiences and drive lasting loyalty with fast and meaningful customer engagement.
  • Without connected social care, organizations can’t meet consumer expectations, risking a loss in customer interest, competitive advantage and their overall reputation.
  • “Social is no longer just one aspect of customer care, it’s the determining factor of an impactful care strategy and, more importantly, lasting brand success,” said Justyn Howard, CEO of Sprout Social.

Sprout Social Expands Reddit Partnership

Retrieved on: 
Thursday, February 8, 2024

CHICAGO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, today announced it entered into an enhanced partnership with Reddit, where Sprout users will gain access to deeper and more valuable real-time Reddit data for insights into public conversations and customer activity along with brand and industry trends.

Key Points: 
  • CHICAGO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, today announced it entered into an enhanced partnership with Reddit, where Sprout users will gain access to deeper and more valuable real-time Reddit data for insights into public conversations and customer activity along with brand and industry trends.
  • “Reddit has always been a central community for a wide and diverse range of conversations and we’ve seen it have an increased impact on brand outcomes in recent years,” said Justyn Howard, CEO of Sprout Social.
  • “As social insights become essential to remaining competitive and driving innovation across an organization, this expanded offering will provide increased value to our users and their understanding of their businesses and customers.”
    The more in-depth offering will be available to all Sprout customers by this summer.
  • Learn more about Sprout’s integrations and social listening capabilities here .

Sprout Social Named #1 Best Software Product by G2

Retrieved on: 
Tuesday, February 6, 2024

CHICAGO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, today announced it has been named the #1 Best Software Product by G2’s 2024 Best Software Awards.

Key Points: 
  • CHICAGO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, today announced it has been named the #1 Best Software Product by G2’s 2024 Best Software Awards.
  • As the world’s largest and most trusted software marketplace, G2 is visited by 90 million software buyers each year.
  • Its annual Best Software Awards rank the world’s best software companies and products based on authentic, timely reviews from real users.
  • Sprout Social earned the #1 spot in G2’s 2024 Best Software Awards because of customer feedback, including:
    "Sprout saves time and delivers a more cohesive social presence.