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, Inc. (NASDAQ: SPSC) is a cloud-based retail supply chain software company that operates what it describes as the world’s leading retail network. Through this network, SPS Commerce connects retailers, grocers, distributors, suppliers, manufacturers and logistics providers to optimize supply chain operations and support data-driven partnerships. The SPSC news page on Stock Titan focuses on company announcements that illustrate how this network and its software capabilities are evolving.
Investors following SPSC news will see regular updates on financial results, including quarterly earnings releases where the company has highlighted dozens of consecutive quarters of revenue growth and discussed non-GAAP metrics such as Adjusted EBITDA and non-GAAP income per share. These releases often include commentary from management on demand for retail supply chain cloud services, the company’s addressable market and its subscription-based recurring revenue model.
News coverage also features product and platform developments. SPS Commerce has announced new capabilities such as AI-enabled enhancements to its Fulfillment product, PDF Order Automation, System Automation for SAP S/4HANA and Shopify, the SPS Commerce Relationship Center, the Manufacturing Suite, Performance Dashboard, Revenue Recovery and Billable Overages. These updates provide insight into how the company responds to trends like AI-powered supply chain orchestration, omnichannel retail operations and more adaptive commerce models.
In addition, SPSC news items include corporate events such as participation in investor conferences, Investor Day presentations, share repurchase program authorizations and changes in executive leadership or board composition, as disclosed in press releases and Form 8‑K filings. For investors and analysts, monitoring this news stream helps track how SPS Commerce manages growth, invests in its retail network and adjusts its capital allocation and governance over time. Bookmark this page to follow ongoing developments in SPSC’s retail supply chain cloud services business.
SPS Commerce, a leader in retail cloud services, reported its third-quarter financial results for 2022, showcasing a remarkable 17% revenue growth year-over-year, totaling $114.5 million. Recurring revenue increased by 18%, and net income rose to $15.9 million or $0.43 per diluted share. Non-GAAP income per share improved to $0.63. The company anticipates fourth-quarter revenue between $120.0 million and $121.0 million, projecting full-year revenue to reach $448.9 million to $449.9 million, marking a 17% growth over 2021.
SPS Commerce, a leader in retail cloud services, will release its Q3 2022 financial results on October 27, 2022, after market close. A conference call will follow at 3:30 p.m. CT to discuss these results. Interested parties can join the call by dialing 1-866-652-5200 or access a live webcast at investors.spscommerce.com. SPS Commerce has achieved 86 consecutive quarters of revenue growth, serving over 105,000 companies globally.
SPS Commerce, Inc. (NASDAQ: SPSC) has acquired InterTrade Systems Inc. for approximately $49 million in cash, enhancing its leadership in the retail cloud services sector. This acquisition is expected to add about $1.7 million in revenue for Q4 2022 and $8.5 million in 2023, while impacting Adjusted EBITDA by $200,000 in Q4 2022. The integration will expand SPS Commerce's network to include thousands of businesses and over 105,000 trading partners globally.
SPS Commerce reported its second quarter 2022 results, marking the 86th consecutive quarter of revenue growth. Revenue reached $109.2 million, up 15% year-over-year, while recurring revenue grew 16%. Net income increased to $10.8 million or $0.29 per diluted share. The company announced a new $50 million share repurchase program effective August 26, 2022. For the third quarter, revenue guidance is set between $113.4 million to $114.4 million with net income per share expected between $0.29 to $0.31.
SPS Commerce announces the acquisition of GCommerce for approximately $45 million in cash, strengthening its position in the automotive aftermarket sector. The acquisition is expected to add about $1 million in revenue in Q3 2022 and $2.5 million for the fiscal year, while negatively impacting Adjusted EBITDA by $300,000. For 2023, revenue contribution is anticipated to be around $7 million and Adjusted EBITDA about $2.5 million. This acquisition enhances market access with a trading community of over 105,000 partners globally.
SPS Commerce, a leader in retail cloud services, will release its Q2 2022 financial results after market close on July 27, 2022. The company will host a conference call at 3:30 PM CT (4:30 PM ET) on the same day to discuss the results. Participants can pre-register for the call and access a live webcast afterwards. SPS Commerce supports over 105,000 retail partners globally, boasting 85 consecutive quarters of revenue growth, highlighting its strong position in optimizing supply chain operations.
SPS Commerce (NASDAQ: SPSC) announced that its management will present at William Blair's 42nd Annual Growth Stock Conference in Chicago on June 6, 2022, at 4:00 PM C.T. A webcast will be available on the company’s investor relations website. SPS Commerce is a leading retail network, connecting over 105,000 companies globally to enhance supply chain operations. The company has experienced 85 consecutive quarters of revenue growth and is headquartered in Minneapolis.
SPS Commerce (SPSC) reported financial results for Q1 2022, showcasing its 85th consecutive quarter of topline growth. Revenue rose by 17% year-over-year to $105.2 million, with recurring revenue up 18%. Net income increased to $12.6 million or $0.34 per diluted share, compared to $10.2 million or $0.28 previously. Non-GAAP earnings per share improved to $0.55. The company expects Q2 revenue between $108.3 million and $109.3 million, and full-year revenue guidance of $443.4 million to $445.9 million, reflecting 15% to 16% growth.
SPS Commerce (NASDAQ: SPSC) will release its first-quarter financial results for the period ending March 31, 2022, on April 28, 2022, after market close. A conference call to discuss these results will be held at 3:30 p.m. CT (4:30 p.m. ET) the same day. Investors can join the call by dialing (877) 312-7508 or (253) 237-1184 for international access, using Conference ID # 8561377. A live webcast and replay will also be available at SPS Commerce Investor Relations. The company boasts 84 consecutive quarters of revenue growth, serving over 105,000 retail partners worldwide.
SPS Commerce announced the availability of its Fulfillment solution on the Oracle Cloud Marketplace, enhancing supply chain order fulfillment for omnichannel retailers. This integration supports over 300 Oracle application customers, facilitating automation in order management across various sales channels, including e-commerce and wholesale.
The solution enables businesses to comply with complex order models, improving efficiency by reducing manual processes.
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