SPS Commerce Reports Second Quarter 2018 Financial Results
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Go back to SPS Commerce Reports Second Quarter 2018 Financial Results
July 27, 2018 8:49 AM EDT
Needham & Company raised its price target on SPS Commerce (NASDAQ: SPSC) to $82.00 (from $72.00) while maintaining a Buy rating.
Analyst Scott Berg commented, "SPS Commerce reported what we believe to be its best quarter of revenue out-performance in its public history. While... More
July 26, 2018 4:24 PM EDT
SPS Commerce (NASDAQ: SPSC) reported Q2 EPS of $0.49, $0.16 better than the analyst estimate of $0.33. Revenue for the quarter came in at $61.1 million versus the consensus estimate of $59.78 million.
SPS Commerce has grown to be a leader in cloud-based supply chain management solutions by establishing and growing its network of strategic and consultative relationships with retailers and suppliers, said Archie Black, President and CEO of SPS Commerce. As consumer shopping habits and expectations continue to drive the need for retailers to evolve their... More
