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SPS Commerce, Inc. - $SPSC STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SPS Commerce's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SPS Commerce's position in the market.

Rhea-AI Summary
SPS Commerce completes acquisition of TIE Kinetix, expanding e-invoicing capability in Europe
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
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Rhea-AI Summary
SPS Commerce, Inc. (Nasdaq: SPSC) announced its financial results for Q2 2023, reporting a 19% growth in revenue and a 20% growth in recurring revenue compared to Q2 2022. Net income was $14.7 million or $0.39 per diluted share. Adjusted EBITDA increased 24% to $38.2 million. The company remains committed to delivering world-class products and capitalizing on opportunities in the retail industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
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News
Rhea-AI Summary
SPS Commerce announces acquisition of TIE Kinetix to strengthen e-invoicing capabilities and expand European presence
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Rhea-AI Sentiment
End-of-Day
-0.93%
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Rhea-AI Summary
SPS Commerce, Inc. will release its financial results for Q2 2023 on July 27, 2023, after the market close. A conference call will be held at 3:30 p.m. CT on the same day to discuss the results. Dial-in information and a live webcast will be available on the company's website.
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Rhea-AI Sentiment
End-of-Day
0.37%
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Rhea-AI Summary
SPS Commerce announces the appointment of Chad Collins as its new CEO, effective October 2, 2023. Current CEO Archie Black will transition to the role of Executive Chair of the Board. Collins brings 25 years of supply chain technology experience and will focus on customer innovation.
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-2.01%
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management
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-1.34%
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conferences
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3.31%
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2.57%
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Rhea-AI Summary
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-0.42%
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Rhea-AI Sentiment
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-0.89%
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conferences
SPS Commerce, Inc.

Nasdaq:SPSC

SPSC Rankings

SPSC Stock Data

6.76B
36.71M
0.63%
102.03%
1.64%
Software Publishers
Information
Link
United States of America
MINNEAPOLIS

About SPSC

sps commerce perfects the power of trading partner relationships with the industry's most broadly adopted, retail cloud services platform. as a leader in cloud-based supply chain management solutions, we provide proven integrations and comprehensive retail performance analytics to thousands of customers worldwide. sps commerce has achieved 59 consecutive quarters of revenue growth and is headquartered in minneapolis. for additional information, please contact sps commerce at 866-245-8100 or visit www.spscommerce.com.