Sees Q1 revenue $75M-$75.1M, consensus $74.87M. "We are pleased to deliver a record breaking quarter with healthy quarterly Non-GAAP operating profit," said Joe Del Preto, CFO. "The quality of our financial model is improving as we continue to deliver durable, efficient growth. Led by very strong momentum in the mid market & enterprise, successful monetization changes and a rapidly maturing market opportunity, we expect to deliver accelerating ARR growth in 2023. And we expect we’ll do it profitably on a non-GAAP basis."
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on SPT:
- Sprout Social Announces Fourth Quarter 2022 Financial Results
- Sprout Social downgraded to Neutral at Cantor Fitzgerald on Monday
- Sprout Social downgraded to Neutral from Overweight at Cantor Fitzgerald
- Sprout Social Recognized by G2’s 2023 Best Software Awards for the Seventh Consecutive Year
- Sprout, Sprinklr pacts minimize impact of Twitter decision, says Morgan Stanley