SPS Commerce (NASDAQ: SPSC) reported Q2 EPS of $0.18, $0.01 better than the analyst estimate of $0.17. Revenue for the quarter came in at $38.3 million versus the consensus estimate of $38.33 million.

Guidance

For the third quarter of 2015, revenue is expected to be in the range of $39.6 to $40.1 million. Third quarter net income per diluted share is expected to be in the range of $0.04 to $0.05 with fully diluted weighted average shares outstanding of approximately 17.1 million shares. Non-GAAP net income per diluted share is expected to be in the range of $0.19 to $0.20. Adjusted EBITDA is expected to be in the range of $5.4 to $5.9 million. Non-cash, share-based compensation expense is expected to be approximately $1.7 million, depreciation expense is expected to be approximately $1.8 million and amortization expense is expected to be approximately $850,000.

*** The Street sees Q3 revenue of $39.9 million and EPS of $0.20.

For the full year of 2015, revenue is expected to be in the range of $156.9 to $158.4 million, representing 23% to 24% growth over 2014. Full year net income per diluted share is expected to be in the range of $0.15 to $0.18 with fully diluted weighted average shares outstanding of approximately 17.1 million shares. Non-GAAP net income per diluted share is expected to be in the range of $0.73 to $0.77. Adjusted EBITDA is expected to be in the range of $21 to $22 million. Non-cash, share-based compensation expense is expected to be approximately $6.6 million, depreciation expense is expected to be approximately $6.9 million and amortization expense is expected to be approximately $3.4 million. Also for the year, we expect an annual effective tax rate of approximately 40%, with cash taxes for the year to be minimal.

*** The Street sees FY15 revenue of $157.5 million and EPS of $0.76.

For earnings history and earnings-related data on SPS Commerce (SPSC) click here.