SPS Commerce Q2 2024 Adj EPS $0.80 Beats $0.77 Estimate, Sales $153.596M Beat $151.920M Estimate
Portfolio Pulse from Benzinga Newsdesk
SPS Commerce (NASDAQ:SPSC) reported Q2 2024 adjusted EPS of $0.80, beating the $0.77 estimate. Sales were $153.596M, surpassing the $151.920M estimate. This represents a 15.94% increase in EPS and a 17.77% increase in sales compared to the same period last year.
July 25, 2024 | 8:35 pm
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SPS Commerce reported strong Q2 2024 results, with EPS and sales both beating analyst estimates. EPS increased by 15.94% and sales by 17.77% year-over-year.
The company's strong financial performance, with both EPS and sales exceeding analyst expectations, is likely to positively impact the stock price in the short term. The significant year-over-year growth in both metrics further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100