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Dec 31, 2024
Sprout Social Q4 2024 Earnings Report
Sprout Social reported a solid fourth quarter in 2024, with significant revenue growth and improved operating income, driven by strong performance in subscription services.
Key Takeaways
Sprout Social delivered a solid fourth quarter, with revenue increasing by 14% year-over-year to $107.1 million. The company significantly improved its GAAP operating loss and achieved positive non-GAAP operating income, demonstrating strong financial health and operational efficiency.
Revenue increased by 14% year-over-year to $107.1 million in Q4 2024.
GAAP operating loss improved to ($13.7) million from ($18.2) million in Q4 2023.
Non-GAAP operating income reached $11.4 million, a significant increase from $1.7 million in Q4 2023.
Cash and equivalents totaled $90.2 million as of December 31, 2024, with net cash provided by operating activities at $4.1 million.
Revenue by Segment
Forward Guidance
For the first quarter of 2025, Sprout Social expects total revenue between $107.2 million and $108.0 million, and non-GAAP operating income between $8.5 million and $9.5 million. For the full year 2025, the company anticipates total revenue between $448.1 million and $453.1 million, and non-GAAP operating income between $38.2 million and $43.2 million.
Positive Outlook
- Projected revenue growth for Q1 2025 and full year 2025.
- Anticipated positive non-GAAP operating income for Q1 2025 and full year 2025.
- Continued focus on execution, winning the enterprise, driving customer health, and expanding partnership ecosystem.
- Expected growth in customer engagement.
- Strong foundation laid for future growth in 2025 and beyond.
Challenges Ahead
- Guidance is based on assumptions subject to change and outside the Company's control.
- No assurance that the Company will achieve the projected results.
- Does not provide GAAP guidance for operating loss or net loss per share due to estimation difficulties.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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