Demandware (DWRE) Tops Q1 EPS by 27c

Demandware (NYSE: DWRE) reported Q1 EPS of $0.16, $0.27 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $50.3 million versus the consensus estimate of $49.56 million.

“2015 is off to a strong start,” stated Tom Ebling, Chief Executive Officer, Demandware. “We were thrilled with our new customer acquisition and our continued momentum with enterprise retailers. We continued to execute our strategy to drive transformational change into commerce through innovative cloud technology. With our acquisition of Tomax, we are poised to deliver the industry’s first enterprise class unified commerce platform in the cloud. Our strong start in the first quarter positions us well to deliver sustainable long term growth.”

For earnings history and earnings-related data on Demandware (DWRE) click here.

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