Sprout Social (SPT) Surpasses Q2 Earnings and Revenue Estimates

Sprout Social (SPT) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this developer of cloud software would post earnings of $0.01 per share when it actually produced earnings of $0.10, delivering a surprise of 900%. Over the last four quarte ...