8-K
filed February 9, 2023, 6:59 PM ET
ticker SPSC
CIK 0001092699
earnings
confidence high
sentiment positive
materiality 0.75
SPS Commerce Q4 revenue $122M (+19% YoY); guides FY23 revenue $523-526M
SPS COMMERCE INC
2022-FY EPS reported
$1.49
revenue$450,875,000
- Q4 revenue $122.0M (+19% YoY); recurring revenue up 20%. Net income $15.9M ($0.43 diluted EPS) vs $12.8M ($0.34).
- Non-GAAP diluted EPS $0.63 vs $0.46 in Q4 2021; adjusted EBITDA $35.0M (+26%).
- FY2022 revenue $450.9M (+17%); net income $55.1M ($1.49 diluted EPS) vs $44.6M ($1.21).
- Q1 2023 guidance: revenue $123.3-124.3M; non-GAAP EPS $0.56-0.57; adjusted EBITDA $35.0-35.7M.
- FY2023 guidance: revenue $523-526M (16-17% growth); non-GAAP EPS $2.63-2.69; adj. EBITDA $152.5-154.5M.
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 For the first quarter of 2023 results: revenue in the range of $123.3 million to $124.3 million, EPS in the range of $0.26 to $0.27.
- Period
- For the first quarter of 2023
- Revenue
- in the range of $123.3 million to $124.3 million
- EPS
- in the range of $0.26 to $0.27
- Result
- guidance update
Exact text from the filing
Revenue is expected to be in the range of $123.3 million to $124.3 million. Net income per diluted share is expected to be in the range of $0.26 to $0.27, with fully diluted weighted average shares outstanding of 37.2 million shares.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
SPS COMMERCE INC reported For the fiscal year 2023 results: revenue in the range of $523.0 million to $526.0 million, EPS in the range of $1.49 to $1.55.
- Period
- For the fiscal year 2023
- Revenue
- in the range of $523.0 million to $526.0 million
- EPS
- in the range of $1.49 to $1.55
- Result
- guidance update
Exact text from the filing
Revenue is expected to be in the range of $523.0 million to $526.0 million, representing 16% to 17% growth over 2022. Net income per diluted share is expected to be in the range of $1.49 to $1.55, with fully diluted weighted average shares outstanding of 37.3 million shares.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
SPS COMMERCE INC reported For the fourth quarter and fiscal year ended December 31, 2022 results: net income $55.1 million or $1.49 per diluted share, EPS $1.49 per diluted share.
- Period
- For the fourth quarter and fiscal year ended December 31, 2022
- Net income
- $55.1 million or $1.49 per diluted share
- EPS
- $1.49 per diluted share
- Result
- reported results
Exact text from the filing
Revenue was $122.0 million in the fourth quarter of 2022, compared to $102.8 million in the fourth quarter of 2021, reflecting 19% growth.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
SPS COMMERCE INC reported For the fourth quarter and fiscal year ended December 31, 2022 results: net income $55.1 million or $1.49 per diluted share, EPS $1.49 per diluted share.
- Period
- For the fourth quarter and fiscal year ended December 31, 2022
- Net income
- $55.1 million or $1.49 per diluted share
- EPS
- $1.49 per diluted share
- Result
- reported results
Exact text from the filing
Net income was $15.9 million or $0.43 per diluted share, compared to net income of $12.8 million or $0.34 per diluted share in the fourth quarter of 2021, reflecting 25% growth in period over period net income.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
SPS COMMERCE INC reported For the fourth quarter and fiscal year ended December 31, 2022 results: net income $55.1 million or $1.49 per diluted share, EPS $1.49 per diluted share.
- Period
- For the fourth quarter and fiscal year ended December 31, 2022
- Net income
- $55.1 million or $1.49 per diluted share
- EPS
- $1.49 per diluted share
- Result
- reported results
Exact text from the filing
Revenue was $450.9 million for the year ended December 31, 2022, compared to $385.3 million for the year ended December 31, 2021, reflecting 17% growth.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
SPS COMMERCE INC reported For the fourth quarter and fiscal year ended December 31, 2022 results: net income $55.1 million or $1.49 per diluted share, EPS $1.49 per diluted share.
- Period
- For the fourth quarter and fiscal year ended December 31, 2022
- Net income
- $55.1 million or $1.49 per diluted share
- EPS
- $1.49 per diluted share
- Result
- reported results
Exact text from the filing
Net income was $55.1 million or $1.49 per diluted share for the year ended December 31, 2022, compared to net income of $44.6 million or $1.21 per diluted share, for the comparable period in 2021, reflecting 24% growth in year over year net income.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.