Sprout Social, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024
February 20, 2024 at 04:05 pm EST
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Sprout Social, Inc. provided earnings guidance for the first quarter and full year of 2024. For the quarter, the company expects total revenue to be between $97.2 million and $97.3 million, or growth of greater than 29%.
For the full year, the company expects total revenue to be between $425.3 million and $425.5 million.
Sprout Social, Inc. is engaged in designing, developing, and operating a Web-based social media management tool enabling companies to manage and measure their online presence. The Company provides organizations with a centralized platform to manage their social media efforts across stakeholders and business functions. Its cloud software brings together social messaging, data, and workflows in a unified system of record, intelligence, and action. The Company operates across major networks, including X (formerly known as Twitter), Facebook, Instagram, TikTok, Pinterest, LinkedIn, Google, Reddit, Glassdoor and YouTube, and commerce platforms Facebook Shops, Shopify, and WooCommerce. Its cloud platform allows organizations of all sizes to create stronger relationships through social media, create and publish effective content, measure, and improve performance, and better understand their markets and customers. It also offers a 30-day free trial model to its prospective customers.
SPROUT SOCIAL, INC. 
