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Sprout Social, Inc. (NASDAQ:SPT) published a shareholder letter written by company co-founder and board member Aaron Rankin on Tuesday. The letter was released as an exhibit to a regulatory filing with the Securities and Exchange Commission. The company’s stock, which has declined nearly 56% over the past year, is currently trading below its InvestingPro Fair Value, with impressive gross profit margins of around 78%.
According to the press release statement, the letter was furnished as part of a Form 8-K under Regulation FD Disclosure. No additional details regarding the content of the letter were provided in the filing. The company noted that the information is not considered “filed” for purposes of Section 18 of the Securities Exchange Act of 1934.
Sprout Social is incorporated in Delaware and is headquartered in Chicago, Illinois. Its Class A common stock is listed on the Nasdaq Stock Market under the symbol SPT.
This report is based solely on a press release statement included in the SEC filing.
In other recent news, Sprout Social Inc. reported its second-quarter 2025 earnings, surpassing analyst expectations. The company achieved an earnings per share (EPS) of $0.18, exceeding the forecast of $0.15, which represents a 20% surprise. Revenue also outperformed projections, coming in at $111.8 million compared to the anticipated $110.93 million. Additionally, Sprout Social delivered a revenue beat of $1.1 million for the quarter, with an operating profit margin 110 basis points better than expected. The company noted strong additions of large customers during this period. Despite these positive financial results, Cantor Fitzgerald maintained its Neutral rating on the stock, with a price target of $24.00. These developments reflect the company’s current financial performance and market position.
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