ChannelAdvisor (ECOM) Tops Q1 EPS by 10c, Offers Q2, FY Guidance

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Go back to ChannelAdvisor (ECOM) Tops Q1 EPS by 10c, Offers Q2, FY Guidance

ChannelAdvisor Announces First Quarter 2015 Financial Results

May 4, 2015 4:05 PM EDT

Revenue of $22.6 million increases 17 percent year-over-year

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)-- ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of cloud-based e-commerce solutions that enable retailers and manufacturers to increase global sales, today announced its financial results for the quarter ended March 31, 2015.

"We delivered solid first quarter results with adjusted EBITDA above expectations, as we focus on delivering improving profitability while positioning ourselves to generate long-term revenue growth, said Scot Wingo, CEO of ChannelAdvisor. During the first quarter we continued to enhance our technology that helps brands and... More