SPS Commerce Reports First Quarter 2020 Financial Results

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SPS Commerce (SPSC) Tops Q1 EPS by 6c, Revenues Beat; Offers 2Q EPS/Revenue Guidance Below Consensus, Withdraws FY20 Views

April 30, 2020 5:07 PM EDT

SPS Commerce (NASDAQ: SPSC) reported Q1 EPS of $0.38, $0.06 better than the analyst estimate of $0.32. Revenue for the quarter came in at $74.2 million versus the consensus estimate of $73.79 million.

SPS Commerce plays a mission-critical role in the global supply chain. Our solutions are keeping trading partners connected, especially now during this time of crisis and disruption, said Archie Black, President and CEO of SPS Commerce. Wed like to thank our employees and our partners who delivered world class service as they responded to the needs of retailers impacted by macroeconomic effects of the pandemic, executing... More