SPS Commerce (SPSC) Tops Q3 EPS by 11c

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Go back to SPS Commerce (SPSC) Tops Q3 EPS by 11c

SPS Commerce Reports Third Quarter 2018 Financial Results

October 25, 2018 4:10 PM EDT

Company delivers 71st consecutive quarter of topline growth, with 13% growth in recurring revenue over the third quarter of 2017

MINNEAPOLIS, Oct. 25, 2018 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail cloud services, today announced financial results for the third quarter ended September 30, 2018.

Revenue was $62.9 million in the third quarter of 2018, compared to $56.1 million in the third quarter of 2017, reflecting 12% growth in revenue from the third quarter 2017. Recurring revenue grew 13% from the third quarter of 2017. Current and prior period financial results reflect the adoption of ASU 2014-09,... More