SPS Commerce Q2 EPS $0.69 Beats $0.63 Estimate, Sales $130.42M Beat $128.82M Estimate
Portfolio Pulse from mahesh@benzinga.com
SPS Commerce (NASDAQ:SPSC) reported Q2 earnings of $0.69 per share, beating the analyst consensus estimate of $0.63 by 9.52%. This is a 30.19% increase from the same period last year. The company also reported quarterly sales of $130.42 million, beating the analyst consensus estimate of $128.82 million by 1.24%. This is a 19.45% increase from the same period last year.
July 27, 2023 | 8:23 pm
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POSITIVE IMPACT
SPS Commerce reported better than expected Q2 earnings and sales, which could positively impact its stock price in the short term.
SPS Commerce reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100