---
schema_version: "secwatch.filing_event.v1"
accession: "0001092699-24-000062"
form_type: "8-K/A"
ticker: "SPSC"
cik: "0001092699"
company_name: "SPS COMMERCE INC"
filed_at: "2024-07-26T23:59:59+00:00"
generated_at: "2026-05-31T15:54:55.135274+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SPS Commerce corrects FY2024 non-GAAP EPS guidance down from $3.63-$3.66 to $3.36-$3.39; Q2 revenue up 18%

## Summary
- Q2 revenue $153.6M (+18% YoY); net income $18.0M ($0.48 EPS); non-GAAP EPS $0.80 vs $0.69.
- Recurring revenue grew 18% YoY; adjusted EBITDA $44.2M (+16%).
- Board authorized new $100M share repurchase program effective Aug 23, 2024 through July 24, 2026.
- FY2024 non-GAAP EPS guidance corrected to $3.36-$3.39 (previously $3.63-$3.66).
- Q3 revenue guidance $157.6-$158.6M; non-GAAP EPS $0.83-$0.84.

## SEC filing metadata
- accession: 0001092699-24-000062
- form_type: 8-K/A
- ticker: SPSC
- cik: 0001092699
- company_name: SPS COMMERCE INC
- filed_at: 2024-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092699/000109269924000062/0001092699-24-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092699/000109269924000062/spsc-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001092699-24-000062
- JSON: https://secwatch.observer/filing/0001092699-24-000062.json
- Plain text: https://secwatch.observer/filing/0001092699-24-000062.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.