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SPS Commerce: Q2 Earnings Insights

SPS Commerce (NASDAQ:SPSC) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings SPS Commerce beat estimated earnings by 8.16%, reporting an EPS of $0.53 versus an esti...

Benzinga · 07/27/2022 17:56

SPS Commerce (NASDAQ:SPSC) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

SPS Commerce beat estimated earnings by 8.16%, reporting an EPS of $0.53 versus an estimate of $0.49.

Revenue was up $14.64 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 1.93% drop in the share price the next day.

Here's a look at SPS Commerce's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.47 0.42 0.42 0.40
EPS Actual 0.55 0.46 0.47 0.46
Revenue Estimate 104.50M 100.56M 97.42M 91.29M
Revenue Actual 105.19M 102.76M 97.89M 94.54M

To track all earnings releases for SPS Commerce VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.