Financial PerformanceCalculated billings growth at 12% was the lowest level seen in the time covering Sprout, indicating potential financial performance concerns.
Growth ChallengesChallenging buying environment persists and is driving longer sales cycles, impacting growth rates, with limited visibility into when end-market challenges will subside.
Leadership And StrategyRecent go-to-market realignment and changes in the C-suite, along with a few quarters of lackluster execution, have shaken confidence in the company's trajectory.