Speed Commerce (SPDC) Misses Q2 EPS Expectations

Speed Commerce (NASDAQ: SPDC) reported Q2 EPS of ($0.32), $0.28 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $31.3 million versus the consensus estimate of $34.2 million.

This net loss includes the impact of a $17.3 million pre-tax non-cash charge related to the impairment of goodwill and intangibles recognized during the second quarter of fiscal year 2016.

For earnings history and earnings-related data on Speed Commerce (SPDC) click here.

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