Sprout Social, Inc. announced its financial results for the fourth quarter ended December 31, 2024, reporting total revenue of $107.1 million, a 14.4% increase from $93.6 million in Q4 2023. The company's non-GAAP earnings per share (EPS) reached $0.19, surpassing the estimated $0.15.
Profitability metrics showed significant improvement, with non-GAAP operating income reaching $11.4 million, a substantial rise from $1.7 million in the prior-year quarter. The GAAP net loss improved to $14.4 million from $20.1 million year-over-year, and net cash provided by operating activities increased to $4.1 million from a negative $2.6 million.
The company's enterprise focus continued to yield results, with customers contributing over $50,000 in Annual Recurring Revenue (ARR) growing by 23% year-over-year to 1,718. Current Remaining Performance Obligations (cRPO) increased by 26% year-over-year to $249.4 million.
For the first quarter of 2025, Sprout Social expects revenue between $107.2 million and $108.0 million. The full-year 2025 guidance projects revenue between $448.1 million and $453.1 million, with non-GAAP net income per share anticipated to be between $0.71 and $0.75.
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