SPS Commerce (SPSC) Tops Q1 EPS by 6c

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Go back to SPS Commerce (SPSC) Tops Q1 EPS by 6c

SPS Commerce (SPSC) PT Lowered to $64 at Needham & Company Following 1Q

April 28, 2017 8:27 AM EDT

Needham & Company lowered its price target on SPS Commerce (NASDAQ: SPSC) to $64.00 (from $70.00) while maintaining a Buy rating. SPSC reported 1Q revenue of $51.9mm, ahead of $51.8mm estimates. EPS of $0.25 came in ahead of $0.19 estimates. Total revenues increased 14.0% Y/Y while recurring revenues... More