secwatch.observer — SEC 8-K summary
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Issuer:     SPS COMMERCE INC (SPSC)
CIK:        0001092699
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001171843-23-002582
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SPS Commerce Q1 revenue $125.9M (+20% YoY); EPS $0.41 vs $0.34 YoY
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- Recurring revenue grew 20% YoY; net income $15.3M ($0.41 diluted) vs $12.6M ($0.34) YoY.
- Non-GAAP EPS $0.67 vs $0.55 YoY; Adjusted EBITDA $37.0M (+16% YoY).
- Q2 2023 revenue guidance $128.0M-$128.8M; non-GAAP EPS $0.62-$0.63.
- FY 2023 revenue guidance $525.5M-$527.6M (+17%); non-GAAP EPS $2.67-$2.70.
- CEO cites omnichannel retail tailwinds; company's 89th consecutive quarter of topline growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1092699/000117184323002582/0001171843-23-002582-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1092699/000117184323002582/f8k_042623.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-002582

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