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SPS Commerce (SPSC) Tops Q4 EPS by 7c, Revenues Beat; Q1 EPS Guidance Above Consensus, Q1 Revenue Mid-Point Above Consensus, Offers FY19 EPS/Revenue Outlook

February 12, 2019 4:15 PM

SPS Commerce (NASDAQ: SPSC) reported Q4 EPS of $0.53, $0.07 better than the analyst estimate of $0.46. Revenue for the quarter came in at $65.1 million versus the consensus estimate of $63.9 million.

"2018 marks a year of continued execution for SPS Commerce," said Archie Black, President and CEO of SPS Commerce. “We believe that costs of inefficient vendor onboarding will drive demand for efficient and affordable solutions. Our success is powered by our retail relationships and our deep expertise in trading partner connections with over 80,000 customers worldwide.”

"In an industry that is in transition, SPS Commerce delivered 50% adjusted EBITDA growth in 2018, executed two strategic acquisitions and continued to repurchase shares through our buyback program," said Kim Nelson, CFO of SPS Commerce. "We continue to invest for the future, while delivering on our long-term financial targets."

GUIDANCE:

SPS Commerce sees Q1 2019 EPS of $0.50-$0.52, versus the consensus of $0.47. SPS Commerce sees Q1 2019 revenue of $65.8-66.3 million, versus the consensus of $65.87 million.

SPS Commerce sees FY2019 EPS of $2.03-$2.09, versus the consensus of $2.04. SPS Commerce sees FY2019 revenue of $273.7-275.7 million, versus the consensus of $274.25 million.

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

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