Stamps.com, Inc. (STMP) Tops Q3 EPS by 12c

Stamps.com, Inc. (NASDAQ: STMP) reported Q3 EPS of $0.71, $0.12 better than the analyst estimate of $0.59. Revenue for the quarter came in at $37.8 million versus the consensus estimate of $34.8 million.

Stamps.com, Inc. sees FY2014 EPS of $2.10-$2.50, versus the consensus of $2.22. Stamps.com, Inc. sees FY2014 revenue of $130-150 million, versus the consensus of $138.8 million.

"The acquisition of ShipWorks represents another strategic investment in our high volume and e-commerce shipping business," said Ken McBride, Stamps.com's chairman and CEO. "E-commerce driven package shipping is a very attractive segment within the mailing and shipping space and this acquisition in combination with our previous ShipStation acquisition further leverages our ability to accelerate our growth in this area. We were also very pleased with our record third quarter financial results where we saw accelerated growth in our core mailing and shipping business including positive contributions from both our ShipStation and ShipWorks subsidiaries. We remain very excited about the opportunities we see in all of our business areas."

For earnings history and earnings-related data on Stamps.com, Inc. (STMP) click here.

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