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Sprout Social Q2 Earnings Call Highlights
['Jeff Wilder']
Daily Political
Sprout Social (NASDAQ:SPT) reported second-quarter revenue of $123.8 million, up 10.8% from a year earlier, as the social media management software provider continued to shift its business toward larger customers and expanded its artificial intelligence offerings.
On a trailing 12-month basis, Sprout generated approximately $54 million in non-GAAP free cash flow, he said.
The company expects continued pressure in that lower-end segment this year, with Barretto saying it expects the segment to decelerate to slightly negative growth before stabilizing in 2027.
For the third quarter, Sprout forecast revenue of $123.3 million to $124.1 million, non-GAAP operating income of $17.5 million to $18.3 million, and non-GAAP earnings per share of $0.29 to $0.30.
About Sprout Social (NASDAQ:SPT)Sprout Social (NASDAQ: SPT) is a Chicago-based software company specializing in social media management solutions for businesses of all sizes.