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SPS Commerce Q2 2024 Earnings Report

SPS Commerce logo
$188.32 -1.98 (-1.04%)
(As of 12/20/2024 05:16 PM ET)

SPS Commerce EPS Results

Actual EPS
$0.80
Consensus EPS
$0.77
Beat/Miss
Beat by +$0.03
One Year Ago EPS
$0.42

SPS Commerce Revenue Results

Actual Revenue
$153.60 million
Expected Revenue
$151.87 million
Beat/Miss
Beat by +$1.73 million
YoY Revenue Growth
+17.80%

SPS Commerce Announcement Details

Quarter
Q2 2024
Time
After Market Closes

Conference Call Resources

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SPS Commerce Earnings Headlines

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About SPS Commerce

SPS Commerce (NASDAQ:SPSC) provides cloud-based supply chain management solutions in the United States and internationally. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships. The company also provides Fulfillment, an electronic data interchange solution that scales as a business grows, where companies use a single system to manage orders and logistics from various sales channels, including wholesale, eCommerce, and marketplaces; and Analytics product that enables organizations to enhance visibility into how products are selling through a single connection across various sales channels, including wholesale, eCommerce, and marketplaces, as well as enhances access and usage of sales and inventory data through a combination of analytics applications, network of connections, and industry-leading expertise. In addition, it offers various complimentary products, such as assortment product, which simplifies the communication of robust, accurate item data by automatically translating item attributes, and hierarchies; and community product that allows organizations to accelerate digitization of their supply chain and improve collaboration with suppliers through change management and onboarding programs. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.

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