ChannelAdvisor (ECOM) Misses Q2 EPS by 10c
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ChannelAdvisor Reports Second Quarter 2022 Results; Achieves Record Subscription Revenue
August 9, 2022 6:45 AM EDTBrands revenue increased 20% year-over-year
Brands subscription revenue increased 27% year-over-year
Adjusted EBITDA exceeds guidance
Repurchased $25 million of common stock
RESEARCH TRIANGLE PARK, N.C., Aug. 09, 2022 (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 and six months ended June 30, 2022.
Second Quarter 2022 HighlightsGAAP
Total revenue of $42.8 million was above the midpoint of the guidance rangeSubscription revenue increased 13%... More