Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
SPS Commerce (SPSC)
:SPSC
Holding SPSC?
Track your performance easily
Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.87Last Year’s EPS
0.75Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 25, 2018
|% Change Since: 0.01%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strong revenue and EBITDA growth, successful integrations of recent acquisitions, and positive customer impacts. However, there were concerns regarding limited new customer growth, slowing analytics growth, and challenges in expanding in the European market.Company Guidance
During the SPS Commerce Third Quarter 2024 Earnings Call, the executives provided guidance for both the fourth quarter of 2024 and the full year. For Q4, they expect revenue between $168.5 million and $169.5 million, a year-over-year growth of 16% to 17%, with adjusted EBITDA ranging from $48 million to $48.7 million. The company anticipates fully diluted earnings per share to be between $0.46 and $0.47, and non-GAAP diluted income per share to be between $0.83 and $0.84. For the full year, projected revenue is between $635.4 million and $636.4 million, signifying an 18% to 19% increase from 2023, while adjusted EBITDA is expected to be in the range of $185 million to $185.7 million, showing a growth of approximately 17% to 18%. The company also expects a 30% effective tax rate for the remainder of the year and maintained their long-term annual revenue growth expectation of 15% or greater, with adjusted EBITDA dollar growth projected at 15% to 25%.Strong Revenue Growth
Revenue grew 21% year-over-year to $163.7 million, with recurring revenue also increasing by 21%.
Successful Acquisitions and Integrations
The acquisition of TIE Kinetix and SupplyPike has been integrated successfully, with positive impacts on product offerings and market reach.
Adjusted EBITDA Growth
Adjusted EBITDA increased by 19% to $48.4 million compared to $40.5 million in Q3 of last year.
Positive Customer Impact
Customers like GNC and BISSELL have benefited from SPS Commerce's solutions, improving operational efficiencies and reducing costs.
Future Revenue and Growth Projections
For the full year 2024, revenue is expected to grow by 18% to 19%, with adjusted EBITDA growth of approximately 17% to 18%.
---
SPSC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
SPSC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | $190.98 | $170.49 | -10.73% |
| Jul 25, 2024 | $205.62 | $209.00 | +1.64% |
| Apr 25, 2024 | $169.43 | $178.96 | +5.62% |
| Feb 08, 2024 | $183.77 | $210.99 | +14.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does SPS Commerce (SPSC) report earnings?
SPS Commerce (SPSC) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is SPS Commerce (SPSC) earnings time?
SPS Commerce (SPSC) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SPSC EPS forecast?
SPSC EPS forecast for the fiscal quarter 2024 (Q4) is 0.87.
---