SPS Commerce (SPSC) Tops Q2 EPS by 16c, Revenues Beat; Offers FY Outlook
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SPS Commerce Reports Second Quarter 2018 Financial Results
July 26, 2018 4:10 PM EDTMINNEAPOLIS, July 26, 2018 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail cloud services, today announced financial results for the second quarter ended June 30, 2018.
Revenue was $61.1 million in the second quarter of 2018, compared to $54.1 million in the second quarter of 2017, reflecting 13% growth in revenue from the second quarter 2017. Recurring revenue grew 13% from the second quarter of 2017. Current and prior period financial results reflect the adoption of ASU 2014-09, Revenue from Contracts with Customers (Topic 606).
Net income in the second quarter of 2018 was $5.4 million or $0.31 per diluted... More
SPS Commerce Reports Second Quarter 2018 Financial Results
July 26, 2018 4:10 PM EDTCompany delivers 13% growth in recurring revenue over the second quarter of 2017
MINNEAPOLIS, July 26, 2018 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail cloud services, today announced financial results for the second quarter ended June 30, 2018.
Revenue was $61.1 million in the second quarter of 2018, compared to $54.1 million in the second quarter of 2017, reflecting 13% growth in revenue from the second quarter 2017. Recurring revenue grew 13% from the second quarter of 2017. Current and prior period financial results reflect the adoption of ASU 2014-09, Revenue from Contracts with Customers... More
