PFSweb (PFSW) Reports Q2 Loss of $0.01; Offers Guidance

PFSweb (NASDAQ: PFSW) reported Q2 EPS of ($0.01). Revenue for the quarter came in at $67.9 million versus the consensus estimate of $47.04 million.

The Company is raising its 2023 outlook for annual service fee revenue growth, which is now expected to range between 8% to 13% compared to the previous range of 5% to 10%.

PFSweb is reiterating its previously stated outlook for full year 2023 consolidated adjusted EBITDA as a percentage of service fee revenue, which is expected to be within the range of 6% to 8%. This range is inclusive of annual remaining public company costs of approximately 2% of service fee revenue.For earnings history and earnings-related data on PFSweb (PFSW) click here.

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