ChannelAdvisor (ECOM) Misses Q3 EPS by 6c, Slight Beat on Revenues; Offers 4Q Revenue Guidance

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Go back to ChannelAdvisor (ECOM) Misses Q3 EPS by 6c, Slight Beat on Revenues; Offers 4Q Revenue Guidance

ChannelAdvisor Reports Third Quarter 2020 Results; Revenue and Adjusted EBITDA Exceed Guidance

November 5, 2020 6:45 AM EST

Revenue Growth of 11% on a Y/Y Basis with Record Fixed RevenueBrands Revenue Growth of 29% on a Y/Y Basis to a Record 34% of RevenueNet Bookings Best In More Than Five YearsAdjusted EBITDA Increased 44% on a Y/Y BasisCash at $66 Million with Operating Cash Flow of $26 Million Year-To-Date

RESEARCH TRIANGLE PARK, N.C., Nov. 05, 2020 (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... More