Amber Road (AMBR) Tops Q1 EPS by 1c
Amber Road (NYSE: AMBR) reported Q1 EPS of ($0.12), $0.01 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $18.6 million versus the consensus estimate of $18.56 million.
Jim Preuninger, Chief Executive Officer of Amber Road, stated, “We are off to a strong start to 2017. We are benefiting from the strategic investments we have made over the past several years to grow our global footprint, focus on verticals demonstrating exceptional demand, expand our product offerings, and extend our competitive differentiation with more trade content that is integrated to our software. Our flexible platform provides our customers with the capability to adapt to the ever-changing global supply chain and manage their global business more effectively. We are building momentum and are well positioned for a strong year.”
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