24.10.2014 01:03:23

SPS Commerce Q3 Profit Rises

(RTTNews) - SPS Commerce Inc. (SPSC), Thursday reported third-quarter net income of $838 thousand or $0.05 per share, up from $270 thousand or $0.02 per share last year.

Adjusted earnings for the quarter were $0.17 per share, up from $0.15 per share last year.

Revenues for the quarter rose to $32.5 million from $27.0 million last year.

Analysts polled by Thomson Reuters expected the company to earn $0.16 per share on revenues of $32.28 million for the quarter. Analysts' estimates typically exclude special items.

Looking forward to the fourth quarter, the company expects revenue of $34.3 to $34.8 million, earnings of $0.00 to $0.01 per share, and adjusted earnings of $0.13 to $0.14 per share. Analysts currently estimate earnings of $0.16 per share on revenues of $34.67 million for the quarter.

For the full year 2014, the company expects revenues of $126.8 to $127.3 million, earnings of $0.11 to $0.12 per share and adjusted earnings of $0.60 to $0.61 per share. Analysts currently estimate earnings of $0.62 per share on revenues of $127.0 million.

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SPS Commerce Inc. 179,00 1,13% SPS Commerce Inc.