NEW YORK CITY, NY / ACCESSWIRE / December 30, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Sprout Social, Inc. ("Sprout" or "the Company") (NASDAQ:SPT). Investors who purchased Sprout securities prior to November 3, 2021, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPT.
Sprout Social stock price has remained under pressure this year as the company's growth trajectory slowed. SPT was trading at $32.45, down by over 77.5% from its all-time high, bringing its valuation to about $1.86 billion.
Investors need to pay close attention to Sprout Social (SPT) stock based on the movements in the options market lately.
Sprout Social, Inc. (NASDAQ:SPT ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Alex Kurtz - VP, IR Ryan Barretto - CEO, President Joe Del Preto - CFO Conference Call Participants Parker Lane - Stifel David Hynes - Canaccord Genuity Raimo Lenschow - Barclays Arjun Bhatia - William Blair Adam Hotchkiss - Goldman Sachs Elizabeth Porter - Morgan Stanley Thomas Shinske - Cantor Fitzgerald Brian Schwartz - Oppenheimer Jackson Ader - KeyBanc Capital Markets Robert Morelli - Needham & Company Operator Ladies and gentlemen, welcome to the 2024 Q3 Earnings Sprout Social, Incorporated Conference Call. All lines have been placed on mute to prevent any background noise.
Sprout Social (SPT) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to loss of $0.01 per share a year ago.
Sprout Social Inc. (NASDAQ: SPT) is in the spotlight today after KeyBanc Capital Markets downgraded the stock from Sector Weight to Underweight with a new price target of $28, reflecting a 17.5% downside from its current trading price.
Shares of Sprout Social Inc SPT tanked in early trading on Thursday.
Sprout Social fell slightly after reporting Q2 results, putting a stop to its recent post-Q1 rebound. The company reported revenue growth decelerating to 25% y/y (versus the mid-30s as recently as two quarters ago), and is expecting to slow further to 19% y/y growth in Q3. Management is noting that the buying environment is still soft, with greater scrutiny and approvals needed to close deals.
Sprout Social, Inc. (NASDAQ:SPT ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Jason Rechel - Vice President, Investor Relations Justyn Howard - Chief Executive Officer Ryan Barretto - President Joe Del Preto - Chief Financial Officer Conference Call Participants David Hynes - Canaccord Genuity Parker Lane - Stifel Arjun Bhatia - William Blair Adam Hotchkiss - Goldman Sachs Jackson Ader - KeyBanc Capital Markets Elizabeth Porter - Morgan Stanley Matt VanVliet - BTIG Brian Schwartz - Oppenheimer Surinder Thind - Jefferies Operator Thank you for standing by. My name is Meg, and I will be your conference operator today.
Sprout Social (SPT) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.07 per share a year ago.
NEW YORK, NY / ACCESSWIRE / July 12, 2024 / If you suffered a loss on your Sprout Social, Inc. (NASDAQ:SPT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / July 12, 2024 / If you suffered a loss on your Sprout Social, Inc. (NASDAQ:SPT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.