Form 10-Q STAMPS.COM INC For: Jun 30
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Stamps.com (STMP) Off Lows as Analysts Look to Defuse USPS Renegotiation Worries
August 9, 2018 10:00 AM EDTStamps.com (NASDAQ: STMP) is down 5.5% but off pre-open lows as analysts defend following the USPS disclosure.
Craig Hallum's George Sutton said they see nothing unprecedented about the renegotiation aside from the political environment. Northland's Timothy Klasell echoed that sentiment.
... MoreStamps.com (STMP) Slammed Following USPS Warning in 10-Q
August 9, 2018 9:32 AM EDTStamps.com (NASDAQ: STMP) is down 9.8% in pre-open trade after the company warned in its 10-Q that the USPS could modify, discontinue or terminate agreements and other financial compensation arrangements, which would have an adverse effect on our revenues and operating results.
From the filing:
The USPS could decide to amend, renegotiate, discontinue or terminate one... More
