SPS Commerce (SPSC) Tops Q2 EPS by 1c; Issues Q3, FY15 Guidance

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SPS Commerce Reports Second Quarter 2015 Financial Results

July 23, 2015 4:05 PM EDT

MINNEAPOLIS, July 23, 2015 (GLOBE NEWSWIRE) -- SPS Commerce (Nasdaq: SPSC), a leading provider of cloud-based supply chain management solutions, today announced financial results for the second quarter ended June 30, 2015.

Revenue was $38.8 million in the second quarter of 2015, compared to $31.1 million in the second quarter of 2014, reflecting 25% growth in revenue from the second quarter 2014. Recurring revenue grew 26% from the second quarter of 2014.

Net income in the second quarter of 2015 was $651,000 or $0.04 per diluted share, compared to net income of $639,000, or $0.04 per diluted share, in the second quarter of 2014. Non-GAAP net income per diluted share... More