Sprout Social, Inc

Thank you for standing by. My name is Dee and I will be your conference operator today. At this time, I would like to welcome everyone to the Sprout Social first quarter 2024 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, please press star one again. Thank you. I would now like to turn the call over to Jason Recco, Vice President of Investor Relations. Please go ahead.

Thank you, operator. Welcome to Sprout Social's first quarter 2024 earnings call. We'll 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 CEO, Justin Howard, CFO Joe DelPretto, and President Ryan Barreto. 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. All statements other than statements of historical fact are forward-looking. These include, among others, statements concerning our expected future financial performance and business plans and objectives, and can be identified by words such as expect, anticipate, intend, plan, believe, seek, opportunity, or will. These statements reflect our views as of today only and should not be relied upon as representing our views at any subsequent date, and we do not undertake any duty to update these statements. Forward-looking statements address matters that are subject to risks and uncertainties that could cause actual results to differ materially. For a discussion of the risks and other important factors that could affect our actual results, please refer to our annual report on Form 10-K for the fiscal year ended December 31, 2023, filed on February 23, 2024, as well as any future reports that we file with the SEC. During the call, we'll discuss non-GAAP financial measures which are not prepared in accordance with generally accepted accounting principles. Definitions of these non-GAAP financial measures, along with reconciliation to the most directly comparable GAAP financial measures, are included in our first quarter earnings press release, which has been furnished to the SEC and is available on our website at investors.sproutsocial.com. And with that, let me turn the call over to Justin. Justin?

Thank you, Jason, and thank you to everyone for joining us. We always appreciate your time. I'm excited to get us started today by expanding on our news to promote Ryan Barreto to CEO before handing things over to him. Ryan and I have had an incredible partnership over the past eight years, but it only took me a few of those years to recognize that he should and would become our CEO. Several years ago, we both agreed and committed that it didn't matter which role either of us were in, as long as we put Sprout in the best position to win and that we were in it together. That's why we're so excited about the natural progression of this transition. Throughout our time together, Ryan has often had the biggest impact in the areas typically aligned with the CEO role. And I've often made my biggest impact when I can think deeply about our biggest opportunities, get forensic with our data, and push our product strategy forward. Over time and as we've grown, the role of the CEO has changed and naturally became more aligned with areas where Ryan is exceptional. The same skills and perspective that allowed me to architect our success over the past 14 years aren't the same things required of the role today. And conversely, I've had far less time for the areas where I can bring exponential value to the business. Together, we're an incredible team. Adjusting the positions we play to match where we're heading gives us the opportunity to add significantly more value and move faster in capturing the opportunity ahead of us. In a moment, I will turn it over to Ryan to talk about how we intend to make that happen. But first, I wanna say thank you and congratulations to Ryan. As a founder, board member, team member, and shareholder, I am as excited as I've ever been about the opportunity in front of us with you leading this incredible team.