SocialNewsBreaks – Sprout Social Inc. (NASDAQ: SPT) Reports 14% Revenue Growth in Q4 2024, Non-GAAP Net Income Jumps to $10.7M

Sprout Social (NASDAQ: SPT) reported a 14% year-over-year increase in fourth-quarter 2024 revenue, totaling $107.1 million. The company’s current remaining performance obligations grew by 26% to $249.4 million. Non-GAAP net income reached $10.7 million, or $0.19 per share, up from $1.0 million, or $0.02 per share, in the same period last year. CEO Ryan Barretto highlighted the company’s focus on enterprise growth and customer engagement as key drivers for future expansion.

As of 9:02 AM EST on February 26, 2025, Sprout Social’s stock is trading at $27.25, reflecting a decrease of $0.66, or 2.34%, from the previous close.

To view the full article, visit https://ibn.fm/ZR8Cw

About Sprout Social

Sprout Social offers deep social media listening and analytics, social management, customer care, commerce, and advocacy solutions to more than 34,000 brands and agencies worldwide. Sprout’s unified platform integrates the power of social throughout every aspect of a business and enables social leaders at every level to extract valuable data and insights that drive their business forward.

About SocialMediaRelations

SocialMediaRelations (“SMR”) is a dynamic communications platform with a focus on public and private companies in the transformative social media space. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, SMR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, SMR brings its clients unparalleled recognition and brand awareness. SMR is where breaking news, insightful content and actionable information converge.

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