ChannelAdvisor Announces Second Quarter 2018 Financial Results
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ChannelAdvisor (ECOM) PT Raised to $18 at Needham & Company
August 10, 2018 8:19 AM EDTNeedham & Company raised its price target on ChannelAdvisor (NYSE: ECOM) to $18.00 (from $17.00) while maintaining a Buy rating.
Analyst Scott Berg commented, "ChannelAdvisor reported 2Q results ahead of our expectations from higher fixed subscription revenues that could validate management commentary on improved sales... More
ChannelAdvisor (ECOM) Reports In-Line Q2 EPS
August 9, 2018 4:41 PM EDTChannelAdvisor (NYSE: ECOM) reported Q2 EPS of ($0.10), in-line with the analyst estimate of ($0.10). Revenue for the quarter came in at $32.7 million versus the consensus estimate of $31.46 million.
GUIDANCE:
ChannelAdvisor sees Q3 2018 revenue of $31.4-31.8 million, versus the consensus of $31.8... More
