ChannelAdvisor (ECOM) Tops Q4 EPS by 6c, Offers Q1 and FY Guidance

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ChannelAdvisor Reports Record Fourth Quarter and Full Year 2018 Revenue; Fourth Quarter and Full Year 2018 Adjusted EBITDA Exceed Guidance

February 13, 2019 6:30 AM EST

RESEARCH TRIANGLE PARK, N.C., Feb. 13, 2019 (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 fourth quarter and full year ended December 31, 2018.

"We continued to advance the business in 2018, finishing the year with solid fourth quarter financial performance coming in above the mid-point of revenue guidance and significantly exceeding our Adjusted EBITDA expectations," said David Spitz, Chief Executive Officer of ChannelAdvisor. "We processed a record $10 billion in GMV in 2018, a special... More