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But the stock closed yesterday’s trading session at $82.60, 13.7% below its 52-week high of $95.75.
Although increasing social media usage and the company’s aggressive investments have driven its total ARR up 38% year-over-year to $172.0 million in its last reported quarter, SPT’s losses have expanded significantly. So, until the company shows a path to profitability in an increasingly competitive landscape, we think it could be a risky bet.
