To join the Sprout Social class action, go to https://rosenlegal.com/submit-form/?case_id=25140 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not de ...

NEW YORK, May 22, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Sprout Social, Inc. ("Sprout Social" or the "Company") (NASDAQ: SPT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Sprout Social and certain of i ...

Evaluating a very messy quarter and messier guidance I have owned Sprout (NASDAQ:SPT) Social shares for some time now. And I have written a couple of articles about Sprout for SA, the most recent in Oct. 2023. The shares fell sharply a couple of weeks ago, and are 40% below the price at which I last recommended them. A rather substantial miscue! The culprit: poor guidance that drove the shares down by over 40% just on Friday, May 3. Was the share price implosion "justified?" Or has the share price implosion ...

https://securitiesclasslaw.com/securities/sprout-social-inc-loss-submission-form/?id=80736&from=4 CLASS PERIOD: November 2, 2023 to May 2, 2024 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company's sales and revenue growth were not indicative of the Company's growth as it transitioned to an enterprise sales cycle; (2) the Company faced integration challenges with its acquisition of Ta ...

BENSALEM, Pa., May 20, 2024 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Sprout Social, Inc. ("Sprout Social" or the "Company") (NASDAQ: SPT). Class Period: November 2, 2023 – May 2, 2024 Lead Plaintiff Deadline: July 12, 2024 Investors suffering losses on their Sprout Social investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in thi ...

NEW YORK, May 20, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Sprout Social, Inc. ("Sprout" or "the Company") (NASDAQ: SPT) and certain of its officers. Class Definition: Why Bronstein, Gewirtz & Grossman: Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 10-Q _________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number 001-39156 __________________________________ SPROUT SOCIAL, INC. (Exac ...

财务数据和关键指标变化 - 第一季度收入为9680万美元,同比增长29% [31] - 订阅收入为9580万美元,同比增长28% [31] - 服务收入为100万美元,同比增长112% [31] - 10,000美元以上ARR客户数同比增长24% [32] - 50,000美元以上ARR客户数同比增长44% [32] - 第一季度ACV为12,892美元,同比增长41% [34] 各条业务线数据和关键指标变化 - 公司正在转型为更加面向企业的业务模式,客户群体正在发生变化 [102][103] - 公司正在调整销售团队的覆盖模式和激励措施,以更好地服务于企业客户 [15][16][17] - Tagger业务的ARR增长显著加快,正在与公司的平台战略无缝融合 [18] 各个市场数据和关键指标变化 - 公司正在重点关注和投资于最优质的客户群体,放弃一些低端和效率较低的业务 [19][20][21] - 公司正在优化销售团队的投入,集中资源于那些具有较高未来经济潜力的客户群体 [20][21] - 公司预计这些举措将提高未来的净留存率和整体效率 [21] 公司战略和发展方向及行业竞争 - 公司正在转型为更加面向企业的业务模式,产品、客户成功等各方面都在发生相应的变化 [23][24][25] - 公司将不再披露ARR和总客户数等指标,而将更多关注RPO和cRPO等更适合企业SaaS公司的指标 [24][25] - 公司认为自己处于一个"赢家通吃"的市场中,并相信自己是最有希望成为赢家的公司 [13] - 公司正在加大对产品领导力、卓越文化和客户成功等核心竞争优势的投入 [13][29] 管理层对经营环境和未来前景的评论 - 公司认为当前的宏观经济环境较为挑战性,客户预算审查更加严格,决策过程更加复杂 [176][177] - 但公司将继续专注于自身的执行,为客户提供卓越的价值,以此来应对外部环境的变化 [176][177] - 公司对未来前景充满信心,认为通过优化销售策略和提高运营效率,可以实现加速增长和更高的盈利能力 [28][29] 其他重要信息 - 公司正在调整CEO角色,将Ryan Barretto提升为CEO,Justyn Howard将专注于产品战略和数据分析等方面 [8][9][10] - 公司合作伙伴Salesforce的收入占比较低,约为公司2023年总收入的3% [27] - 公司将不再披露总客户数,因为单个大型企业客户的价值已经超过数百个小客户 [25] 问答环节重要的提问和回答 问题1 **Raimo Lenschow 提问** 询问公司在第二季度是否还有其他的go-to-market变化需要执行 [123][124][127] **Ryan Barretto 回答** 公司在第一季度已经完成了主要的变革,第二季度主要是团队的过渡和适应,不会有大的变化 [127][128] 问题2 **DJ Hynes 提问** 询问公司销售周期是否有变化,是否更加偏向于传统的企业采购周期 [67][68] **Ryan Barretto 回答** 公司确实看到销售周期有所延长,更多地参与企业级的RFP流程,但公司的产品优势有助于缩短销售周期 [69][70][71] 问题3 **Parker Lane 提问** 询问公司是否已经度过了go-to-market变革的最大阻力,是否还存在进一步的执行风险 [82][83][84] **Ryan Barretto 和 Justyn Howard 回答** 公司在第一季度已经完成了大部分的变革,第二季度主要是团队的过渡和适应,不会有大的额外风险 [84][85][86]

Use of Non-GAAP Financial Measures This presentation includes useful customer metrics and other data, which are defined at the back of this presentation. Unless otherwise noted, information in this presentation concerning our industry, including industry statistics and forecasts, competitive position and the markets in which we operate is based on information from independent industry and research organizations, other third-party sources and management estimates. Management estimates are derived from public ...

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