Stamps.com, Inc. (STMP) Tops Q3 EPS by 12c

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Go back to Stamps.com, Inc. (STMP) Tops Q3 EPS by 12c

Stamps.com (STMP) Bullish Stance Reiterated at Northland Capital; ShipWorks Acquisition Working

November 6, 2014 11:41 AM EST

Northland Capital Markets reiterated an Outperform rating and $40 price target on Stamps.com (NASDAQ: STMP) following Q3 results above our/Street estimates primarily because of additional revenue from ShipStation and strong shipping performance.

Analyst Tim Klasell commented, "Subscriber growth and ARPU grew in Q3, primarily... More