secwatch.observer — SEC 8-K summary
======================================

Issuer:     SPS COMMERCE INC (SPSC)
CIK:        0001092699
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001092699-24-000045
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SPS Commerce Q1 revenue $149.6M (+19% YoY); EPS $0.48, non-GAAP $0.86
---------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1092699/000109269924000045/0001092699-24-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1092699/000109269924000045/spsc-20240425.htm
  HTML page:      https://secwatch.observer/filing/0001092699-24-000045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer