Loading...
•
Dec 31, 2019
Sprout Social Q4 2019 Earnings Report
Sprout Social's Q4 2019 results reflected revenue growth and increasing customer base.
Key Takeaways
Sprout Social reported a 26% year-over-year increase in total revenue, reaching $28.1 million, and a GAAP net loss of $25.9 million for the fourth quarter of 2019. The company's customer base grew to 23,693, with 2,185 customers contributing over $10,000 in ARR.
Total revenue increased by 26% year-over-year to $28.1 million.
GAAP operating loss was ($25.9) million, impacted by a $20.0 million stock-based compensation charge.
The number of customers grew to 23,693.
Free cash flow improved to ($4.9) million, or (17%) of revenue.
Sprout Social
Sprout Social
Sprout Social Revenue by Segment
Revenue by Segment
Subscription Revenue
CapyFin.comProfessional services and other Revenue
CapyFin.com Forward Guidance
For the first quarter of 2020, Sprout Social expects total revenue between $29.4 million and $29.9 million, and a non-GAAP net loss per share of between ($0.22) and ($0.20). For the full year 2020, the Company expects total revenue between $131.7 and $133.7 million, and a non-GAAP net loss per share of between ($0.57) and ($0.50).
Positive Outlook
- Total revenue between $29.4 million and $29.9 million for Q1 2020.
- Full year 2020 total revenue between $131.7 and $133.7 million.
Challenges Ahead
- Non-GAAP operating loss between ($11.2) million and ($10.2) million for Q1 2020.
- Non-GAAP net loss per share of between ($0.22) and ($0.20) for Q1 2020.
- Full year 2020 non-GAAP operating loss between ($29.3) and ($25.3) million.
- Full year 2020 non-GAAP net loss per share of between ($0.57) and ($0.50).