Latest news with #SproutSocial
Yahoo
2 days ago
- Business
- Yahoo
Needham Maintains Buy Rating on Sprout (SPRT) After Positive Customer Review
On May 28, Needham's analyst Scott Berg maintained a Buy rating on Sprout Social, Inc. (NASDAQ:SPT) while keeping the price target unchanged at $32. The analyst noted Caesars Entertainment Inc (NASDAQ:CZR), whose uses Sprout's platform highlighted its effectiveness thereby building a value proposition for the company. In addition, Sprout Social, Inc. (NASDAQ:SPT) also introduced a series of new features and upcoming enhancements designed to transform how brands provide customer care on social media. A marketing manager in a boardroom making decisions about the company's social media management platform. Earlier in May, the company delivered its Q1 2025 results highlighting 13% year-over-year revenue growth and improved total remaining performance obligations (RPO) of $360.2 million. Analyst Scott Berg believes the company's strategic edge lies in the simplicity, ease of implication, and solid management abilities of its platform. Sprout Social, Inc. (NASDAQ:SPT) is a cloud-based social media management platform that allows businesses to manage, measure, and optimize their online presence across multiple social media networks and commerce platforms. While we acknowledge the potential of SPT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SPT and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None. Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
Needham Maintains Buy Rating on Sprout (SPRT) After Positive Customer Review
On May 28, Needham's analyst Scott Berg maintained a Buy rating on Sprout Social, Inc. (NASDAQ:SPT) while keeping the price target unchanged at $32. The analyst noted Caesars Entertainment Inc (NASDAQ:CZR), whose uses Sprout's platform highlighted its effectiveness thereby building a value proposition for the company. In addition, Sprout Social, Inc. (NASDAQ:SPT) also introduced a series of new features and upcoming enhancements designed to transform how brands provide customer care on social media. A marketing manager in a boardroom making decisions about the company's social media management platform. Earlier in May, the company delivered its Q1 2025 results highlighting 13% year-over-year revenue growth and improved total remaining performance obligations (RPO) of $360.2 million. Analyst Scott Berg believes the company's strategic edge lies in the simplicity, ease of implication, and solid management abilities of its platform. Sprout Social, Inc. (NASDAQ:SPT) is a cloud-based social media management platform that allows businesses to manage, measure, and optimize their online presence across multiple social media networks and commerce platforms. While we acknowledge the potential of SPT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SPT and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None.
Campaign ME
19-05-2025
- Business
- Campaign ME
ESG communications clarity: Building trust in a polarised world
We live in an increasingly polarised world, a world where crucial ESG issues are hijacked for political talking points, greenwashing abounds, and profit almost always trumps people and the planet. Against this backdrop, it's no surprise that people feel disengaged, distrustful, and disinterested in companies' ESG pledges and promises. From supply chain slavery coverups and fossil fuel fashion people have been misled, tricked, and conned for years. Winning back their trust won't be easy. But, this is not an excuse for companies to draw back into the shadows and stay silent – a practice known as greenhushing. And the research shows that consumers don't want this either. In fact, recent research from SEC Newgate found that of the 14,352 people it surveyed across 14 countries and territories, including the UAE, close to three in four people want companies to communicate more clearly about what they are doing to improve their performance on ESG issues. In the UAE, the figure rose to 84 per cent. 'Beyond hurting brand reputation, damaging consumer trust, and putting off potential talent, global greenwashing regulations are emerging left, right, and centre, and while there remain plenty of loopholes, the crackdown has begun.' Clear ESG communications begin with good data. Without robust data collection and verification processes, companies are left scrambling in the dark. Utilising this data and evidencing your progress—and room for improvement—provides a foundation of transparency, and when it comes to consumers, this goes a long way. One 2018 survey of US consumers by Social media management and analytics software company SproutSocial found that 89 per cent of people said a business could regain their trust by admitting to a mistake and being transparent about the steps taken to resolve it. Meanwhile, 85 per cent were more likely to stick with a brand during crises. But lesson one of company anti-greenwashing class 101 is: Act before you speak. There are a myriad of severe consequences if companies decide to take the opposite direction. Beyond hurting brand reputation, damaging consumer trust, and putting off potential talent, global greenwashing regulations are emerging left, right, and centre, and while there remain plenty of loopholes, the crackdown has begun. And then, companies must continue to walk the talk. As a result, it's essential to provide evidence that ESG isn't just a once-a-year activity but, instead, embedded into overall corporate strategy as part of your DNA. ESG is a journey, a process of business transformation, so communicate this with consumers and let the actions you're taking be demonstrated authentically, with a particular focus on their impact. But just as ESG is a company journey, for consumers, it's also a learning process. While companies might be making significant headway on their pledges and promises, it won't reach the right ears without the right action. So, it's crucial to discuss ESG data in an accessible way. For those in the ESG bubble, where Scope 3 and double materiality are part of their daily lives, keeping things complex and corporate might be something that's difficult to break free from. But it's essential for better consumer engagement. Cut the jargon and explain complex terms in a way that democratises ESG knowledge without patronising consumers. Finally, collaboration is the cornerstone to success. If companies lack the internal skills and experience to create a transparent, engaging and impactful ESG communications strategy, bringing in the experts will be a gamechanger. As the climate crisis intensifies, one abundantly clear message is that collaborative action is vital to climate change mitigation and adaptation – and the same goes in business. Knowledge-sharing is fundamental to solving the ESG comms in crisis, preventing missteps, mistakes and miscommunication. By Sal Jafar, CEO, ESG MENA
Yahoo
08-05-2025
- Business
- Yahoo
Sprout Social (NASDAQ:SPT) Posts Better-Than-Expected Sales In Q1, Quarterly Revenue Guidance Slightly Exceeds Expectations
Social media management software company Sprout (NASDAQ:SPT) reported Q1 CY2025 results beating Wall Street's revenue expectations , with sales up 12.9% year on year to $109.3 million. Guidance for next quarter's revenue was better than expected at $110.8 million at the midpoint, 0.7% above analysts' estimates. Its non-GAAP profit of $0.22 per share was 48.4% above analysts' consensus estimates. Is now the time to buy Sprout Social? Find out in our full research report. Revenue: $109.3 million vs analyst estimates of $107.6 million (12.9% year-on-year growth, 1.6% beat) Adjusted EPS: $0.22 vs analyst estimates of $0.15 (48.4% beat) Adjusted Operating Income: $12.54 million vs analyst estimates of $9.02 million (11.5% margin, 39.1% beat) The company slightly lifted its revenue guidance for the full year to $451.4 million at the midpoint from $450.6 million Management raised its full-year Adjusted EPS guidance to $0.73 at the midpoint, a 5% increase Operating Margin: -10.2%, up from -13.7% in the same quarter last year Free Cash Flow Margin: 17.8%, up from 3% in the previous quarter Customers: 9,381 Market Capitalization: $1.20 billion 'Our team delivered strong results in the first quarter, highlighted by 13% revenue growth, a 21% increase in cRPO, and profitability expansion,' said Ryan Barretto, CEO of Sprout Social. Founded by Justyn Howard and Aaron Rankin in 2010, Sprout Social (NASDAQ:SPT) provides a software as a service platform that companies can use to schedule and respond to posts on major social media networks like Twitter, Facebook, Instagram, Youtube and LinkedIn. Examining a company's long-term performance can provide clues about its quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Over the last three years, Sprout Social grew its sales at a solid 27% compounded annual growth rate. Its growth beat the average software company and shows its offerings resonate with customers. This quarter, Sprout Social reported year-on-year revenue growth of 12.9%, and its $109.3 million of revenue exceeded Wall Street's estimates by 1.6%. Company management is currently guiding for a 11.5% year-on-year increase in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 10.2% over the next 12 months, a deceleration versus the last three years. Still, this projection is above average for the sector and implies the market sees some success for its newer products and services. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. This quarter, Sprout Social reported 9,381 enterprise customers paying more than $10,000 annually, an increase of 54 from the previous quarter. That's a bit fewer contract wins than last quarter and quite a bit below what we've observed over the previous year, suggesting its sales momentum with new enterprise customers is slowing. It also implies that Sprout Social will likely need to upsell its existing large customers or move down market to accelerate its top-line growth. We were impressed by Sprout Social's optimistic EPS guidance for next quarter, which blew past analysts' expectations. We were also glad its full-year EPS guidance trumped Wall Street's estimates. Overall, we think this was a decent quarter with some key metrics above expectations. The stock remained flat at $21.81 immediately after reporting. Sprout Social had an encouraging quarter, but one earnings result doesn't necessarily make the stock a buy. Let's see if this is a good investment. The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
08-05-2025
- Business
- Washington Post
Sprout Social: Q1 Earnings Snapshot
CHICAGO — CHICAGO — Sprout Social Inc. (SPT) on Thursday reported a loss of $11.2 million in its first quarter. The Chicago-based company said it had a loss of 19 cents per share. Earnings, adjusted for stock option expense and restructuring costs, came to 22 cents per share. The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.
