SPS Commerce (SPSC) Tops Q1 EPS by 9c, Revenues Beat; Affirms FY19 EPS Guidance Above Consensus, 2Q EPS Mid-Point Guidance Above Consensus

SPS Commerce (NASDAQ: SPSC) reported Q1 EPS of $0.60, $0.09 better than the analyst estimate of $0.51. Revenue for the quarter came in at $66.9 million versus the consensus estimate of $66.13 million.

“SPS Commerce’s differentiated value proposition of leading technology, scale and industry expertise position the company to gain market share as the retail industry continues its digital transformation journey,” said Archie Black, President and CEO of SPS Commerce. “As retail trends fuel the need for business process automation and increased efficiency, SPS Commerce continues to redefine EDI solutions and full-scale retail change management.”

“We posted strong performance in the first quarter of 2019, continuing to execute to our long-term financial targets while growing our network of customers,” said Kim Nelson, CFO of SPS Commerce.

GUIDANCE:

SPS Commerce sees Q2 2019 EPS of $0.51-$0.53, versus the consensus of $0.51.

SPS Commerce sees FY2019 EPS of $2.16-$2.22, versus the consensus of $2.09.

For earnings history and earnings-related data on SPS Commerce (SPSC) click here.

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