Stamps.com Reports First Quarter 2021 Results
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Stamps.com (STMP) PT Lowered to $378 at Maxim Group
May 7, 2021 8:00 AM EDTMaxim Group analyst Allen Klee lowered the price target on Stamps.com (NASDAQ: STMP) to $378.00 (from $405.00) while maintaining a Buy rating.
Management did not provide 2021 guidance due to uncertainties related to the pandemic and ecommerce outlook, but reiterated a 20%+ increase in investment-related... More
Stamps.com (STMP) Tops Q1 EPS by 39c, Revenues Beat
May 6, 2021 4:35 PM EDTStamps.com (NASDAQ: STMP) reported Q1 EPS of $2.08, $0.39 better than the analyst estimate of $1.69. Revenue for the quarter came in at $189.1 million versus the consensus estimate of $188.19 million.
First Quarter 2021 Highlights
Total revenue was $189.1 million, up 25% compared to $151.3 million in the first quarter of 2020.GAAP net income was $34.2 million, up 108% compared to $16.5 million in the first quarter of 2020.GAAP net income per fully diluted share was $1.74, up 92% compared to $0.91 in the first quarter of 2020.Non-GAAP adjusted EBITDA was $59.5 million, up 43% compared to $41.5 million... More