Speed Commerce (SPDC) Posts Q4 GAAP Loss of 48c/Share
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Speed Commerce Reports Fiscal Fourth Quarter and Full Year 2015 Results
June 15, 2015 8:30 AM EDTDALLAS, June 15, 2015 (GLOBE NEWSWIRE) -- Speed Commerce, Inc. (Nadaq: SPDC), a leading provider of ecommerce technology and omni-channel solutions for retailers, reported financial results for its fiscal fourth quarter and full year ended March 31, 2015. 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.
Fiscal Q4 2015 Summary vs. Same Year-Ago Quarter
Net revenues increased 53% to $36.6 million Adjusted gross profit margin increased 290 basis points to 25.2% Adjusted EBITDA was $3.3 million compared to $4.7 million... More