8-K
filed April 25, 2024, 7:59 PM ET
ticker SPSC
CIK 0001092699
earnings
confidence high
sentiment positive
materiality 0.80
SPS Commerce Q1 revenue $149.6M (+19% YoY); EPS $0.48, non-GAAP $0.86
SPS COMMERCE INC
2024-Q1 EPS reported
$0.48
revenue$149,576,000
- Revenue $149.6M, recurring revenue +19% YoY; 93rd consecutive quarter of topline growth.
- GAAP net income $18.0M ($0.48 diluted EPS) vs $15.3M ($0.41) in Q1 2023.
- Non-GAAP EPS $0.86 vs $0.67; Adjusted EBITDA $44.4M, up 20% YoY.
- Q2 2024 guidance: revenue $150.9-151.7M; non-GAAP EPS $0.75-0.76.
- FY2024 guidance: revenue $619.9-621.9M (15-16% growth); non-GAAP EPS $3.28-3.32.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
SPS COMMERCE INC reported first quarter ended March 31, 2024 results: net income $18.0 million, EPS $0.48 per diluted share.
- Period
- first quarter ended March 31, 2024
- Net income
- $18.0 million
- EPS
- $0.48 per diluted share
- Result
- reported results
Exact text from the filing
Revenue was $149.6 million in the first quarter of 2024, compared to $125.9 million in the first quarter of 2023, reflecting 19% growth.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
SPS COMMERCE INC reported first quarter ended March 31, 2024 results: net income $18.0 million, EPS $0.48 per diluted share.
- Period
- first quarter ended March 31, 2024
- Net income
- $18.0 million
- EPS
- $0.48 per diluted share
- Result
- reported results
Exact text from the filing
Net income was $18.0 million or $0.48 per diluted share, compared to net income of $15.3 million or $0.41 per diluted share in the first quarter of 2023.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
SPS COMMERCE INC reported fiscal year 2024 results: revenue $619.9 million to $621.9 million, EPS $1.99 to $2.02.
- Period
- fiscal year 2024
- Revenue
- $619.9 million to $621.9 million
- EPS
- $1.99 to $2.02
- Result
- guidance update
Exact text from the filing
Revenue is expected to be in the range of $619.9 million to $621.9 million, representing 15% to 16% growth over 2023.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
SPS COMMERCE INC reported second quarter 2024 results: revenue $150.9 million to $151.7 million, EPS $0.45 to $0.46.
- Period
- second quarter 2024
- Revenue
- $150.9 million to $151.7 million
- EPS
- $0.45 to $0.46
- Result
- guidance update
Exact text from the filing
Revenue is expected to be in the range of $150.9 million to $151.7 million.
View on SEC.gov
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