Borderfree, Inc. (BRDR) Tops Q1 EPS by 1c

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Borderfree Reports Record First Quarter 2014 Financial Results

May 7, 2014 4:02 PM EDT

Revenue reached a first quarter record of $26.5 million Ecommerce services revenue increased 19% year over year to a first quarter record of $13.5 million Fulfillment services revenue decreased, as planned, 10% year over year to $13.1 million Adjusted EBITDA of $0.7 million Five new customer wins year to date, including Bed, Bath & Beyond and Marc Jacobs Closed initial public offering with net proceeds of $85.6 million

NEW YORK, May 7, 2014 (GLOBE NEWSWIRE) -- Borderfree (Nasdaq:... More