Speed Commerce (SPDC) Misses Q3 EPS by 18c; Trims FY15 Outlook

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Speed Commerce Reports Fiscal Third Quarter 2015 Results

February 9, 2015 8:30 AM EST

DALLAS, Feb. 9, 2015 (GLOBE NEWSWIRE) -- Speed Commerce, Inc. (Nasdaq: SPDC), a leading provider of omni-channel e-commerce services, reported financial results for its fiscal third quarter ended December 31, 2014. The following figures exclude results from the company's retail distribution segment, which was reclassified into discontinued operations in the quarter ended March 31, 2014 and sold on July 9, 2014.

Q3 FY2015 and Recent Highlights

Net revenues increased 17% to $38.3 million   Acquired e-commerce services provider Fifth Gear, boosting scale and delivering a diverse customer base and significant cross-selling opportunities   Signed agreements with five new clients to provide... More