SPS Commerce Q2 revenue $130.4M (+19% YoY); non-GAAP EPS $0.69

SPS COMMERCE INC

2023-Q2 EPS reported $0.80 revenue$256,284,000

Revenue $130.4M (up 19% YoY); recurring revenue up 20% YoY.
Net income $14.7M ($0.39 diluted EPS) vs $10.8M ($0.29) in Q2 2022.
Non-GAAP diluted EPS $0.69, compared to $0.53; adjusted EBITDA $38.2M (+24%).
Q3 2023 guidance: revenue $133.6M-$134.4M; non-GAAP EPS $0.65-$0.67.
Full year 2023 guidance: revenue $528.5M-$530.0M (17%-18% growth); adj. EBITDA $155.8M-$156.9M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SPS COMMERCE INC reported Full Year 2023 results: revenue $528.5 million to $530.0 million, EPS $1.60 to $1.63 per diluted share. Guidance initiated.

Period: Full Year 2023
Revenue: $528.5 million to $530.0 million
EPS: $1.60 to $1.63 per diluted share
Guidance: initiated
Result: guidance update

Exact text from the filing

Revenue is expected to be in the range of $528.5 million to $530.0 million, representing 17% to 18% growth over 2022. Net income per diluted share is expected to be in the range of $1.60 to $1.63, with fully diluted weighted average shares outstanding of 37.4 million shares. Non-GAAP income per diluted share is expected to be in the range of $2.69 to $2.72.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SPS COMMERCE INC reported Third Quarter 2023 results: revenue $133.6 million to $134.4 million, EPS $0.37 to $0.38 per diluted share. Guidance initiated.

Period: Third Quarter 2023
Revenue: $133.6 million to $134.4 million
EPS: $0.37 to $0.38 per diluted share
Guidance: initiated
Result: guidance update

Exact text from the filing

Revenue is expected to be in the range of $133.6 million to $134.4 million. Net income per diluted share is expected to be in the range of $0.37 to $0.38, with fully diluted weighted average shares outstanding of 37.6 million shares. Non-GAAP income per diluted share is expected to be in the range of $0.65 to $0.67.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SPS COMMERCE INC reported Second Quarter 2023 results: revenue $130.4 million, net income $14.7 million, EPS $0.39 per diluted share.

Period: Second Quarter 2023
Revenue: $130.4 million
Net income: $14.7 million
EPS: $0.39 per diluted share
Result: reported results

Exact text from the filing

Revenue was $130.4 million in the second quarter of 2023, compared to $109.2 million in the second quarter of 2022, reflecting 19% growth. Recurring revenue grew 20% from the second quarter of 2022. Net income was $14.7 million or $0.39 per diluted share, compared to net income of $10.8 million or $0.29 per diluted share in the second quarter of 2022.

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Source: SEC EDGAR

accession 0001171843-23-004742

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