Demandware's (DWRE) GMV Commentary Creates More Questions Than Answers; Canaccord Genuity Cuts Price Target to $68

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Go back to Demandware's (DWRE) GMV Commentary Creates More Questions Than Answers; Canaccord Genuity Cuts Price Target to $68

Demandware Announces Third Quarter 2015 Financial Results

November 2, 2015 4:16 PM EST

39% GAAP Subscription Revenue Growth, 47% Growth on a Constant Currency Basis

BURLINGTON, Mass.--(BUSINESS WIRE)-- Demandware®, Inc. (NYSE: DWRE), the industry-leading provider of enterprise cloud commerce solutions, today announced financial results for its third quarter ended September 30, 2015.

Third Quarter Highlights

Subscription revenue for the third quarter was $47.8 million, a 39% year over year increase from... More