Welcome to our dedicated page for Sps Commerce news (Ticker: SPSC), a resource for investors and traders seeking the latest updates and insights on Sps Commerce stock.
SPS Commerce (NASDAQ: SPSC) delivers cloud-based supply chain solutions that power retail ecosystems worldwide. This news hub provides investors and partners with essential updates on operational milestones, strategic initiatives, and market positioning.
Access real-time announcements including earnings reports, partnership developments, and product innovations. Our curated collection ensures you never miss critical updates about SPSC's network expansion, technology enhancements, or leadership changes.
Key coverage areas include cloud platform upgrades, retail analytics advancements, and supply chain integration partnerships. All content undergoes rigorous verification to maintain factual accuracy while avoiding speculative commentary.
Bookmark this page for streamlined access to official press releases and third-party analyses. For comprehensive understanding of SPSC's market role, combine these updates with our detailed company profile and financial reports.
SPS Commerce (NASDAQ: SPSC) has launched its Manufacturing Supply Chain Performance Suite, a comprehensive EDI solution designed to modernize and optimize procurement and supply chain processes for manufacturers. The full-service solution helps brands, co-manufacturers, and co-packers streamline operations and reduce disruptions through process automation, real-time data exchange, and simplified supply chain collaboration.
A notable success case demonstrated $15M in savings at one factory by reducing inventory from 3 to 2 months, achieving 100% vendor commitment. Built on over two decades of experience and more than one million successful connections, the solution leverages SPS Commerce's expertise to standardize requirements across diverse retail partners and order channels.
SPS Commerce (NASDAQ: SPSC) reported strong Q1 2025 financial results, marking its 97th consecutive quarter of revenue growth. Revenue increased 21% to $181.5 million, while recurring revenue grew 23% compared to Q1 2024. The company achieved net income of $22.2 million ($0.58 per diluted share) and Adjusted EBITDA of $54.4 million, up 22% year-over-year.
For FY2025, SPS Commerce projects revenue between $758.5-763.0 million (19-20% growth) and expects Adjusted EBITDA of $229.4-232.9 million. The company maintains a strong market position with over 50,000 recurring revenue customers across retail, grocery, distribution, and manufacturing sectors, addressing an $11 billion total addressable market.
SPS Commerce (NASDAQ: SPSC), a retail supply chain cloud services provider, has scheduled its first quarter 2025 financial results announcement for Thursday, April 24, 2025, after market close. The company will host an earnings conference call at 3:30 p.m. Central Time (4:30 p.m. Eastern Time) on the same day.
Participants can join the call by dialing 1-833-816-1382 (U.S.) or 1-412-317-0475 (international) at least 15 minutes before the start time. A live webcast will be available at investors.spscommerce.com under Events and Presentations, where the replay will also be accessible.
SPS Commerce (NASDAQ: SPSC) has released its inaugural 2024 Environmental, Social, and Governance (ESG) Report, showcasing the company's dedication to sustainable and responsible business practices. The report highlights several key achievements:
- Implementation of enhanced corporate policies for ESG oversight and cybersecurity
- Expansion of Belonging@SPS initiative to foster workplace inclusivity
- Over $2.5 million in donations through SPS Foundation, focusing on education and workforce development
- Completion of greenhouse gas inventories to assess carbon footprint
- Achievement of 95% cloud-based IT operations powered by renewable energy
CEO Chad Collins emphasized the company's focus on connectedness, from supply chain collaboration to community engagement. The comprehensive report demonstrates SPS Commerce's progress in environmental stewardship, social responsibility, and corporate governance.
SPS Commerce (NASDAQ: SPSC), the world's leading retail network, has announced its participation in the Morgan Stanley Technology, Media & Telecom Conference. The presentation is scheduled for Thursday, March 6, 2025, at 8:30 AM PT, with a webcast available on the company's investor relations website.
As a leader in retail supply chain cloud services, SPS Commerce connects trading partners globally to optimize supply chain operations. The company serves over 45,000 recurring revenue customers across retail, grocery, distribution, supply, manufacturing, and logistics sectors. Notable achievements include 96 consecutive quarters of revenue growth. Based in Minneapolis, SPS Commerce provides cloud technology and customer service to enable data-driven partnerships.
SPS Commerce (NASDAQ: SPSC) reported strong Q4 and full-year 2024 results, marking its 96th consecutive quarter of revenue growth. Q4 revenue reached $170.9 million, up 18% year-over-year, with recurring revenue growing 19%. Q4 net income was $17.6 million ($0.46 per diluted share).
Full-year 2024 revenue totaled $637.8 million, a 19% increase from 2023, with recurring revenue up 20%. Annual net income grew 17% to $77.1 million ($2.04 per diluted share).
Looking ahead to 2025, the company projects Q1 revenue between $178.5-180.0 million and full-year revenue of $758.0-763.0 million, representing 19-20% growth. The guidance includes expected results from the Carbon6 acquisition.
SPS Commerce (NASDAQ: SPSC) has announced the completion of its acquisition of Carbon6 Technologies, a company specializing in software tools for Amazon sellers. Carbon6's expertise lies in revenue recovery solutions for both first-party (1P) and third-party (3P) suppliers on Amazon's platform.
The strategic acquisition positions SPS Commerce to strengthen its presence in the revenue recovery sector, with CEO Chad Collins expressing enthusiasm about the merger and its potential to deliver enhanced solutions for Amazon sellers.
SPS Commerce (NASDAQ: SPSC) has announced it will release its Q4 and full-year 2024 financial results on Monday, February 10, 2025, after market close. The company will host an earnings conference call at 3:30 p.m. CT (4:30 p.m. ET) on the same day.
SPS Commerce, the world's leading retail network, connects trading partners globally to optimize supply chain operations. The company serves over 120,000 companies across retail, grocery, distribution, supply, and logistics sectors. Notably, SPS Commerce has achieved 95 consecutive quarters of revenue growth and provides cloud technology and customer service to support data-driven partnerships.
SPS Commerce (NASDAQ: SPSC), a leading provider of retail cloud services, has announced its upcoming participation at the 27th Annual Needham Growth Conference. The company's management team is scheduled to present on Tuesday, January 14, 2025, at 10:15 AM E.T.
Investors and interested parties can access a live webcast of the presentation through the company's investor relations website at http://investors.spscommerce.com/events.cfm.