ChannelAdvisor (ECOM) Misses Q3 EPS by 2c

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Go back to ChannelAdvisor (ECOM) Misses Q3 EPS by 2c

ChannelAdvisor Reports Third Quarter 2018 Results

November 8, 2018 4:17 PM EST

Revenue and adjusted EBITDA exceed expectations for the third consecutive quarter

RESEARCH TRIANGLE PARK, N.C., Nov. 08, 2018 (GLOBE NEWSWIRE) -- ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today reported financial results for the quarter ended September 30, 2018.

"ChannelAdvisor delivered its third consecutive quarter of exceeding expectations for revenue and adjusted EBITDA, said David Spitz, Chief Executive Officer of ChannelAdvisor. Our third quarter top-line results were driven by continued strength in GMV, improved revenue retention and increased... More