Core Insights - SPS Commerce, Inc. achieved its 96th consecutive quarter of topline growth, with Q4 2024 revenue increasing by 18% to $170.9 million compared to Q4 2023 [1][6] - Recurring revenue for Q4 2024 grew by 19% year-over-year [1][6] - The company reported a net income of $17.6 million or $0.46 per diluted share for Q4 2024, down from $19.0 million or $0.51 per diluted share in Q4 2023 [6] Financial Highlights - Q4 2024 revenue was $170.9 million, up from $145.0 million in Q4 2023, reflecting an 18% growth [6] - Recurring revenue for the same period grew by 19% [6] - Adjusted EBITDA for Q4 2024 increased by 18% to $49.6 million compared to Q4 2023 [6] - For the fiscal year 2024, total revenue reached $637.8 million, a 19% increase from $536.9 million in 2023 [6] - Net income for the fiscal year 2024 was $77.1 million or $2.04 per diluted share, compared to $65.8 million or $1.76 per diluted share in 2023, reflecting a 17% growth [6] Guidance - For Q1 2025, revenue is expected to be between $178.5 million and $180.0 million, indicating a year-over-year growth of 19% to 20% [7] - Net income per diluted share is projected to be in the range of $0.39 to $0.41 [7] - For the fiscal year 2025, revenue is anticipated to be between $758.0 million and $763.0 million, representing a growth of 19% to 20% over 2024 [15]

MINNEAPOLIS, Feb. 07, 2025 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail cloud services, today announced it has completed the acquisition of Carbon6 Technologies, Inc. (Carbon6), a provider of software tools to Amazon sellers, including specialized offerings for revenue recovery for both first-party (1P) and third-party (3P) suppliers. “We are very excited to welcome Carbon6 employees and customers to SPS Commerce,” said Chad Collins, CEO of SPS Commerce. “Together, we believe we ...

MINNEAPOLIS, Minn., Jan. 27, 2025 (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 fourth quarter and year ended December 31, 2024, after the market close on Monday, February 10, 2025. 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 l ...

Investors might want to bet on SPS Commerce (SPSC) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The powe ...

MINNEAPOLIS, Jan. 07, 2025 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail cloud services, today announced that management will present at the 27th Annual Needham Growth Conference on Tuesday, January 14, 2025, at 10:15 AM E.T. A webcast of the presentation will be available on the company’s investor relations website at http://investors.spscommerce.com/events.cfm. About SPS Commerce SPS Commerce is the world’s leading retail network, connecting trading partners around the globe to ...

Acquisition builds on the company’s revenue recovery portfolio with increased support for Amazon sellers Company to host conference call today at 5:00 p.m. ET MINNEAPOLIS, Jan. 02, 2025 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, today announced that it has reached an agreement to acquire Carbon6 Technologies, Inc. (Carbon6), a provider of software tools to Amazon sellers, including specialized offerings for revenue recovery for both first-party (1P ...

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with SPS Commerce (SPSC) being highlighted as a strong candidate due to its favorable growth metrics and Zacks Rank [2][8]. Group 1: Earnings Growth - SPS Commerce has a historical EPS growth rate of 19.7%, with projected EPS growth of 21.4% for the current year, significantly outperforming the industry average of 5.6% [4]. Group 2: Cash Flow Growth - The year-over-year cash flow growth for SPS Commerce stands at 20.6%, which is substantially higher than the industry average of 1.7% [5]. - Over the past 3-5 years, the annualized cash flow growth rate for SPS Commerce has been 26.6%, compared to the industry average of 10.8% [6]. Group 3: Earnings Estimate Revisions - The current-year earnings estimates for SPS Commerce have been revised upward, with the Zacks Consensus Estimate increasing by 3% over the past month, indicating a positive trend in earnings estimate revisions [7]. Group 4: Overall Positioning - SPS Commerce has achieved a Growth Score of B and holds a Zacks Rank 2, positioning it well for potential outperformance in the growth stock category [8][9].

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the task of finding cutting-edge growth stocks is made easy with the help of the Zack ...

Core Viewpoint - SPS Commerce (SPSC) is experiencing significant selling pressure, having declined 9.8% over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, with analysts predicting better earnings than previously expected [1]. Group 1: Stock Performance and Indicators - The stock's Relative Strength Index (RSI) is at 27.53, indicating it is oversold, which suggests a potential reversal in trend as selling pressure may be exhausting [3]. - A stock is generally considered oversold when its RSI falls below 30, which helps investors identify potential entry points for a rebound [2]. Group 2: Earnings Estimates and Analyst Consensus - Over the last 30 days, the consensus EPS estimate for SPSC has increased by 2.2%, indicating a positive trend in earnings revisions that typically correlates with price appreciation [3]. - SPS Commerce holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [3].

Company Performance - SPS Commerce reported quarterly earnings of $0.92 per share, exceeding the Zacks Consensus Estimate of $0.83 per share, and up from $0.75 per share a year ago, representing an earnings surprise of 10.84% [1] - The company achieved revenues of $163.69 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 2.22% and increasing from $135.66 million year-over-year [1] - Over the last four quarters, SPS Commerce has consistently surpassed consensus EPS and revenue estimates [1] Future Outlook - The stock's immediate price movement will largely depend on management's commentary during the earnings call and the sustainability of earnings expectations [2][3] - Current consensus EPS estimate for the upcoming quarter is $0.89 on revenues of $167.28 million, and for the current fiscal year, it is $3.39 on revenues of $630.6 million [4] - The estimate revisions trend for SPS Commerce is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [4] Industry Context - The Business - Services industry, to which SPS Commerce belongs, is currently in the bottom 40% of over 250 Zacks industries, which may impact stock performance [5] - Another company in the same industry, APi, is expected to report quarterly earnings of $0.51 per share, reflecting a year-over-year increase of 6.3%, with revenues projected at $1.86 billion, up 4% from the previous year [5]