Speed Commerce (SPDC) Misses Q2 EPS Expectations
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Speed Commerce Reports Fiscal Second Quarter 2016 Results
November 16, 2015 7:44 PM ESTDALLAS, Nov. 16, 2015 (GLOBE NEWSWIRE) -- Speed Commerce, Inc. (NASDAQ: SPDC), a leading provider of ecommerce technology and omni-channel solutions for retailers, reported financial results for its fiscal second quarter ended September 30, 2015.
Fiscal Q2 2016 Summary vs. Same Year-Ago Quarter
Net revenues increased 36% to $31.3 millionAdjusted gross profit margin was 17.1% compared to 23.9%Adjusted EBITDA was $(0.6) million compared to $2.6 millionNet loss from continuing operations was $26.0 million or $(0.32) per diluted share versus a loss of $1.9 million or $(0.06) per diluted shareFiscal Q2 2016 Financial Results from Continuing... More
