secwatch.observer — SEC 8-K summary
======================================

Issuer:     SPS COMMERCE INC (SPSC)
CIK:        0001092699
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001171843-23-004742
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1092699/000117184323004742/0001171843-23-004742-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1092699/000117184323004742/f8k_072723.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-004742

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