Sprout Social, Inc. (SPT) Q2 2023 Earnings Call Transcript


Sprout Social, Inc. (NASDAQ:SPT) Q2 2023 Earnings Conference Call August 3, 2023 5:00 PM ET

Company Participants

Jason Rechel – Vice President, Investor Relations and Corporate Development

Justyn Howard – Chief Executive Officer

Joe Del Preto – Chief Financial Officer

Ryan Barretto – President

Conference Call Participants

Raimo Lenschow – Barclays

Arjun Bhatia – William Blair

Parker Lane – Stifel

Adam Hotchkiss – Goldman Sachs

Matt VanVliet – BTIG

DJ Hynes – Canaccord Genuity

Scott Berg – Needham & Company

Michael Vidovic – KeyBanc

Clarke Jeffries – Piper Sandler

Elizabeth Porter – Morgan Stanley

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Sprout Social Second Quarter 2023 Earnings Call. I would now like to turn the call over to Jason Rechel, Vice President, Investor Relations and Corporate Development. Please go ahead.

Jason Rechel

Thank you, operator. Welcome to Sprout Social second quarter 2023 earnings call. We will be discussing the results announced in our press release issued after the market closed today and have also released an updated investor presentation which can be found on our website. With me are Sprout Social’s CEO, Justyn Howard; CFO, Joe Del Preto; and President, Ryan Barretto.

Today’s call will contain forward-looking statements, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include among others, statements concerning financial business and customer trends, our expected future business, financial performance and financial condition, our expectations concerning the benefits of our acquisition of Tagger, performance against our multi-year financial framework, our market size and opportunity, our plans, objectives and expected results from our future operations, growth, products, investments, initiatives, pricing and partnerships or strategies and our guidance for the third quarter of 2023 and the full year 2023, and can be identified by words such as expect, anticipate, intend, plan, believe, seek or will. These statements reflect our views as of today only should



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