PFSweb (PFSW) Tops Q1 EPS by 16c
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PFSweb Reports First Quarter 2016 Results
May 9, 2016 4:05 PM EDTALLEN, TX -- (Marketwired) -- 05/09/16 -- PFSweb, Inc. (NASDAQ: PFSW), a global commerce service provider, reported results for the first quarter ended March 31, 2016.
First Quarter 2016 Highlights vs. Same Year-Ago Quarter
Total revenues increased 18% to $75.1 million Service fee equivalent revenue (a non-GAAP measure defined below) increased 33% to a Q1 record $50.0 million Service fee gross margin increased 310 basis points to 34.6% Adjusted EBITDA (a non-GAAP measure defined below) increased to $3.8 millionManagement Commentary "The momentum from our record 2015... More
