SPS Commerce Reports Second Quarter 2018 Financial Results

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SPS Commerce (SPSC) PT Raised to $82 at Needham & Company

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

SPS Commerce (SPSC) Tops Q2 EPS by 16c, Revenues Beat; Offers FY Outlook

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