SPS Commerce (SPSC) Tops Q3 EPS by 2c, Offers Guidance

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Go back to SPS Commerce (SPSC) Tops Q3 EPS by 2c, Offers Guidance

SPS Commerce Reports Third Quarter 2015 Financial Results

October 22, 2015 4:05 PM EDT

MINNEAPOLIS, Oct. 22, 2015 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (Nasdaq: SPSC), a leading provider of cloud-based supply chain management solutions, today announced financial results for the third quarter ended September 30, 2015.

Revenue was $40.4 million in the third quarter of 2015, compared to $32.5 million in the third quarter of 2014, reflecting 24% growth in revenue from the third quarter 2014. Recurring revenue grew 26% from the third quarter of 2014.

Net income in the third quarter of 2015 was $1.3 million or $0.07 per diluted share, compared to net income of $838,000, or $0.05 per diluted share, in the third quarter of 2014. Non-GAAP net income per... More