ChannelAdvisor (ECOM) Misses Q1 EPS by 16c

ChannelAdvisor (NYSE: ECOM) reported Q1 EPS of ($0.31), $0.16 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $28.3 million versus the consensus estimate of $27.49 million.

Financial Outlook

Based on information available as of today, ChannelAdvisor is issuing the following guidance for the second quarter and full year of 2017:

Second Quarter 2017

• Total revenue between $28.4 million and $28.8 million.
• Adjusted EBITDA between $(1.2) million and $(800) thousand.
• Stock-based compensation expense between $3.6 million and $4.0 million.
• 26.4 million weighted average shares outstanding.

Full Year 2017

• Total revenue between $123.0 million and $124.5 million.
• Adjusted EBITDA between $5.0 million and $8.0 million.
• Stock-based compensation expense between $12.9 million and $13.9 million.
• 26.5 million weighted average shares outstanding.

For earnings history and earnings-related data on ChannelAdvisor (ECOM) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Hydrofarm Holdings Group, Inc. (HYFM) Misses Q2 EPS by 134c
• Newton Golf Company (NWTG) Reports Q2 Loss of $0.49