SocialNewsBreaks – Sprout Social Inc. (NASDAQ: SPT) Reports 14% Revenue Growth in Q4 2024, Non-GAAP Net Income Jumps to $10.7M

Company: Sprout Social Inc. (SPT)
Category: News

Sprout Social (NASDAQ: SPT) reported a 14% year-over-year increase in fourth-quarter 2024 revenue, totaling $107.1 million. The company’s current remaining performance obligations grew by 26% to $249.4 million. Non-GAAP net income reached $10.7 million, or $0.19 per share, up from $1.0 million, or $0.02 per share, in the same period last year. CEO Ryan Barretto highlighted the company’s focus on enterprise growth and customer engagement as key drivers for future expansion.

As of 9:02 AM EST on February 26, 2025, Sprout Social’s stock is trading at $27.25, reflecting a decrease of $0.66, or 2.34%, from the previous close.

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About Sprout Social

Sprout Social offers deep social media listening and analytics, social management, customer care, commerce, and advocacy solutions to more than 34,000 brands and agencies worldwide. Sprout’s unified platform integrates the power of social throughout every aspect of a business and enables social leaders at every level to extract valuable data and insights that drive their business forward.

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