Stock Track | Sprout Social Plunges 11.93% After-Hours on Q4 Net Loss Despite Revenue Growth

Stock Track

Feb 26, 2025

Sprout Social, Inc. (SPT) plunged 11.93% in after-hours trading on Tuesday, following the release of its fourth quarter 2024 financial results. Despite reporting a 14% year-over-year increase in revenue to $107.1 million, the social media management software company posted a net loss of $14.4 million for the quarter.

While Sprout Social showed strong growth in several key metrics, including a 26% increase in current remaining performance obligations (cRPO) and a 23% rise in the number of customers contributing over $50,000 in annual recurring revenue (ARR), the company's bottom line was weighed down by higher operating expenses.

The company's non-GAAP operating income for the quarter stood at $11.4 million, compared to $1.7 million in the same period last year. However, Sprout Social reported a GAAP operating loss of $13.7 million, wider than the $18.2 million loss in Q4 2023, due to higher stock-based compensation expenses and restructuring charges.

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(SPT) plunged 11.93% in after-hours trading on Tuesday, following the release of its fourth quarter 2024 financial results. Despite reporting a 14% year-over-year increase in revenue to $107.1 million, the social media management software company posted a net loss of $14.4 million for the quarter.</p>\n\n<p>While Sprout Social showed strong growth in several key metrics, including a 26% increase in current remaining performance obligations (cRPO) and a 23% rise in the number of customers contributing over $50,000 in annual recurring revenue (ARR), the company's bottom line was weighed down by higher operating expenses.</p>\n\n<p>The company's non-GAAP operating income for the quarter stood at $11.4 million, compared to $1.7 million in the same period last year. 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(SPT) plunged 11.93% in after-hours trading on Tuesday, following the release of its fourth quarter 2024 financial results. Despite reporting a 14% year-over-year increase in revenue to $107.1 million, the social media management software company posted a net loss of $14.4 million for the quarter.</p>\n\n<p>While Sprout Social showed strong growth in several key metrics, including a 26% increase in current remaining performance obligations (cRPO) and a 23% rise in the number of customers contributing over $50,000 in annual recurring revenue (ARR), the company's bottom line was weighed down by higher operating expenses.</p>\n\n<p>The company's non-GAAP operating income for the quarter stood at $11.4 million, compared to $1.7 million in the same period last year. However, Sprout Social reported a GAAP operating loss of $13.7 million, wider than the $18.2 million loss in Q4 2023, due to higher stock-based compensation expenses and restructuring charges.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SPT","symbol_name":"Sprout Social, Inc.","start_time":0,"source_url":"","article_id":"1146070413","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1146070413","pubTimestamp":1740519283,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Sprout Social, Inc.  plunged 11.93% in after-hours trading on Tuesday, following the release of its fourth quarter 2024 financial results. Despite reporting a 14% year-over-year increase in revenue to $107.1 million, the social media management software company posted a net loss of $14.4 million for the quarter.While Sprout Social showed strong growth in several key metrics, including a 26% increase in current remaining performance obligations  and a 23% rise in the number of customers contribut","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SPT":"Sprout Social, Inc."},"translate_title":"尽管收入增长，股票赛道Sprout Social第四季度净亏损盘后暴跌11.93%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SPT":1},"content_text":"Sprout Social, Inc. (SPT) plunged 11.93% in after-hours trading on Tuesday, following the release of its fourth quarter 2024 financial results. 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