SPS Commerce (SPSC) Tops Q2 EPS by 6c, Revenues Beat; Offers 3Q & FY20 Revenue Guidance Above Consensus
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SPS Commerce Reports Second Quarter 2020 Financial Results
July 30, 2020 4:08 PM EDTMINNEAPOLIS, July 30, 2020 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (Nasdaq: SPSC), a leader in retail cloud services, today announced financial results for the second quarter ended June 30, 2020.
Revenue was $75.6 million in the second quarter of 2020, compared to $68.5 million in the second quarter of 2019, reflecting 10% growth in revenue from the second quarter of 2019. Recurring revenue grew 11% from the second quarter of 2019.Â
Net income in the second quarter of 2020 was $11.2 million or $0.31 per diluted share, compared to net income of $8.8 million or $0.24 per diluted share, in the second quarter of 2019. Non-GAAP income per diluted share... More
