Exhibit 99 Contact: Investor Relations The Blueshirt Group Irmina Blaszczyk & Lisa Laukkanen SPSC@blueshirtgroup.com 415-217-4962 SPS Commerce Reports Third Quarter 2024 Financial Results Company delivers 95th consecutive quarter of topline growth Revenue and recurring revenue growth of 21% year-over-year MINNEAPOLIS, October 24, 2024 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, today announced financial results for the third quarter ended September ...

MINNEAPOLIS, Oct. 10, 2024 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, today announced that it will issue its financial results for the third quarter ended September 30, 2024, after the market close on Thursday, October 24, 2024. SPS Commerce will host a call to discuss the results at 3:30 p.m. Central Time (4:30 p.m. Eastern Time) on the same day. To access the call, please dial 1-833-816-1382, or outside the U.S. 1-412-317-0475 at least 15 minutes ...

Acquisition expands company's product portfolio with automated invoice deduction management and prevention Company to host conference call today at 8:30 a.m. ET MINNEAPOLIS, Aug. 01, 2024 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, today announced the acquisition of SupplyPike, an automated invoice deduction management and prevention solution. SupplyPike is a first of its kind SaaS solution that provides ongoing monitoring and management of invoice ...

Acquisition expands company's product portfolio with automated invoice deduction management and prevention Company to host conference call today at 8:30 a.m. ET MINNEAPOLIS, Aug. 01, 2024 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, today announced the acquisition of SupplyPike, an automated invoice deduction management and prevention solution. SupplyPike is a first of its kind SaaS solution that provides ongoing monitoring and management of invoice ...

In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. SPS Commerce (SPSC) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank. While there are numerous reasons why the stock of this provider of supply chain software services to businesses is a great growth pick right now, we have hig ...

B4LLS SPS Commerce, Inc. (NASDAQ:SPSC) recently reported its Q2 2024 financial results, beating revenue and earnings consensus estimates. I previously wrote about SPSC in May 2023 with a Hold outlook due to revenue growth and strong free cash flow. Those results have continued, but the stock is highly valued, nearly at a 52-week-high, while forward revenue growth appears to be dropping. I remain Neutral (Hold), but I'm cautious due to concern about future revenue growth rate. SPS operates in the supply chai ...

Revenue and recurring revenue growth of 18% year-over-year Financial Highlights "As the retail industry continues to evolve, SPS is uniquely positioned to help suppliers, large and small, digitize their trading partner connections to achieve efficiencies and scalability," said Chad Collins, CEO of SPS Commerce. "The mission-critical nature of our solutions fuels consistent demand for our product portfolio, and we remain confident in the growth opportunity ahead of us as e-commerce and omnichannel retail con ...

SPS Commerce, Inc. (NASDAQ:SPSC) Q2 2024 Earnings Conference Call July 25, 2024 4:30 PM ET Company Participants Irmina Blaszczyk - Investor Relations Chad Collins - Chief Executive Officer Kimberly Nelson - Executive Vice President & Chief Financial Officer Conference Call Participants Scott Berg - Needham Dylan Becker - William Blair Jeff Van Rhee - Craig-Hallum Mark Schappel - Loop Capital Markets George Kurosawa - Citi Joseph Vruwink - Baird Operator Good day and welcome to the SPS Commerce Second Quarte ...

SPS Commerce (SPSC) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items. SPS Commerce, which belongs to the Zacks Business - Services industry, posted revenues of $153.6 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.05%. This compares to year-ago revenues of $130.42 million. The company has topped consens ...

Revenue Growth - Revenue increased by 18% to $153.6 million in Q2 2024 compared to $130.4 million in Q2 2023, driven by a 5% increase in recurring revenue customers to 44,950 and a 13% increase in wallet share to $12,850[120][131] - Recurring revenue customers increased by 5% to 44,950 in Q2 2024, with 1,000 customers added from the TIE Kinetix acquisition and 50 from the Traverse Systems acquisition[120][131] - Wallet share increased by 13% to $12,850 in Q2 2024, driven by higher product usage among recurring revenue customers[120][131] - Recurring revenues accounted for 94% of total revenues in the six months ended June 30, 2024, up from 93% in the same period in 2023[131] Profitability - Net income rose by 23% to $18.0 million in Q2 2024 from $14.7 million in Q2 2023, with income from operations increasing by 36% to $23.2 million[120] - Adjusted EBITDA grew by 16% to $44.2 million in Q2 2024 compared to $38.2 million in Q2 2023[126] - Adjusted EBITDA for the six months ended June 30, 2024, increased to $88.6 million from $75.2 million in the same period in 2023[133] Cost and Expense Analysis - Cost of revenues increased by 17% to $52.0 million in Q2 2024, primarily due to a $4.7 million rise in personnel-related costs[122] - Research and development expenses grew by 8% to $14.4 million in Q2 2024, mainly due to a $1.5 million increase in personnel-related costs[123] Tax and Financial Impact - Income tax expense increased significantly to $9.2 million in Q2 2024 from $4.2 million in Q2 2023, driven by higher pre-tax income and reduced deductible benefits[125]