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Sprout Social Inc   (SPT)
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Failed to reach profitability in spite of surge in Revenues, the Sprout Social Inc over the July to September 30 2022 period

SPT recorded third quarter of 2022 operating loss of $-14.385 millions

Published 2022-11-06T20:27:34+00:00
Goran Soko / CSIMarket.com Contributer

podium_By_James38_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsThe Software & Programming company Losses have widen at $-0.25 per share in the July to September 30 2022 period, although its Revenues surged by 33.033 % to $65.31 millions from the corresponding quarter a year prior.

In the previous quarter the company realized Revenue of $61.43 millions and $-0.27 per share.


For the July to September 30 2022 span Sprout Social Inc realized net deficit of $-13.933 million, larger than $-6.993 million a year ago.


Sprout Social Inc is expected to report next financial results on February 22, 2023.


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