ChannelAdvisor (ECOM) Misses Q2 EPS by 5c, Offers Outlook

ChannelAdvisor (NYSE: ECOM) reported Q2 EPS of ($0.15), $0.05 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $30 million versus the consensus estimate of $28.65 million.

Financial Outlook

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

Third Quarter 2017

• Total revenue between $29.7 million and $30.1 million.
• Adjusted EBITDA between $(300) thousand and $100 thousand.
• Stock-based compensation expense between $3.2 million and $3.6 million.
• 26.5 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 $7.0 million.
• Stock-based compensation expense between $12.8 million and $13.3 million.
• 26.4 million weighted average shares outstanding.

Refer to the "Adjusted EBITDA Guidance Reconciliation" table included with the financial tables at the end of this release for the reconciliation to the most comparable GAAP financial measure

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

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