PFSweb (PFSW) Reports Q2 Loss of $0.07/sh

PFSweb (NASDAQ: PFSW) reported Q2 EPS of ($0.07), versus $0.08 reported last year. Revenue for the quarter came in at $106.3 million, versus $85.37 million reported last year.

2021 Outlook

With strong eCommerce demand driving heightened fulfillment volumes in the company’s PFS segment, as well as LiveArea’s record and expanding pipeline, PFSweb expects to achieve 2021 LiveArea service fee revenue growth of 10% to 15% compared to 2020. For the PFS segment, the company expects to generate 5% to 10% service fee revenue growth compared to 2020. In line with its continued focus on cost management, PFSweb also expects moderate consolidated adjusted EBITDA margin expansion in 2021 when compared to the prior year.

For earnings history and earnings-related data on PFSweb (PFSW) click here.

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