SPS Commerce Q1 revenue $105.2M (+17% YoY); non-GAAP EPS $0.55

SPS COMMERCE INC

2022-Q1 EPS reported $0.34 revenue$105,193,000

Revenue $105.2M, up 17% YoY; recurring revenue up 18% YoY.
Net income $12.6M ($0.34 diluted EPS); non-GAAP EPS $0.55 vs $0.43 in Q1 2021.
Adjusted EBITDA $31.8M, up 25% YoY.
Q2 2022 revenue guidance $108.3M-$109.3M; full year revenue $443.4M-$445.9M (15-16% growth).
85th consecutive quarter of topline growth; CEO cites strong retail network demand.

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