SPS Commerce (NASDAQ:SPSC) released its quarterly earnings data on Wednesday. The software maker reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.08, Bloomberg Earnings reports. The business had revenue of $59.09 million for the quarter, compared to analysts’ expectations of $57.81 million. SPS Commerce had a positive return on equity of 2.81% and a negative net margin of 1.11%. The firm’s quarterly revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.25 EPS.
SPSC traded up $0.31 during mid-day trading on Thursday, reaching $65.21. 155,469 shares of the company traded hands, compared to its average volume of 140,266. The firm has a market cap of $1,108.90, a PE ratio of 144.02, a P/E/G ratio of 3.47 and a beta of 0.79. SPS Commerce has a 52-week low of $45.02 and a 52-week high of $67.18.
In other SPS Commerce news, CFO Kimberly K. Nelson sold 5,968 shares of the business’s stock in a transaction on Tuesday, April 17th. The shares were sold at an average price of $67.00, for a total transaction of $399,856.00. Following the completion of the sale, the chief financial officer now directly owns 58,710 shares in the company, valued at approximately $3,933,570. The sale was disclosed in a document filed with the SEC, which is available through this link. 2.80% of the stock is currently owned by insiders.
SPS Commerce Company Profile
SPS Commerce, Inc provides cloud-based supply chain management solutions worldwide. It provides solutions through the SPS Commerce platform, a cloud-based product suite that enhances the way retailers, suppliers, distributors, logistics firms, and other trading partners manage and fulfill orders, manage sell-through performance, and source new items.
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