SPS Commerce (SPSC) Tops Q2 EPS by 4c

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Go back to SPS Commerce (SPSC) Tops Q2 EPS by 4c

SPS Commerce Reports Second Quarter 2022 Financial Results

July 27, 2022 4:07 PM EDT

Company delivers 86th consecutive quarter of topline growthRevenue growth of 15% year-over-year; Recurring revenue growth of 16% year-over-yearAnnounces new Share Repurchase Program

MINNEAPOLIS, July 27, 2022 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (Nasdaq: SPSC), a leader in retail cloud services, today announced financial results for the second quarter ended June 30, 2022.

Second Quarter 2022 Financial Highlights

Revenue was $109.2 million in the second quarter of 2022, compared to $94.5 million in the second quarter of 2021, reflecting 15% growth.Recurring revenue grew 16% from the second quarter of... More