SPS Commerce: Fourth Quarter Earnings Overview

SPS Commerce Announces Fourth Quarter Financial Results

SPS Commerce Inc., headquartered in Minneapolis, revealed a net profit of $25.8 million for the fourth quarter.

On a per-share basis, the company earned 68 cents. After adjusting for special items, earnings reached $1.14 per share.

These adjusted earnings surpassed analysts’ expectations, as the consensus among five Zacks Investment Research analysts was $1 per share.

The company, which specializes in supply chain software solutions, reported quarterly revenue of $192.7 million. This figure fell slightly short of the $193.5 million anticipated by four Zacks analysts.

For the full year, SPS Commerce posted a total profit of $93.3 million, or $2.46 per share, with annual revenue totaling $751.5 million.

Outlook for the Next Quarter and Year

Looking ahead to the quarter ending in March, SPS Commerce projects earnings per share between 95 and 99 cents.

Revenue for the upcoming fiscal first quarter is expected to fall between $191.6 million and $193.6 million.

For the entire year, the company anticipates earnings per share in the range of $4.42 to $4.50, with projected revenue between $798.5 million and $806.9 million.