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ChannelAdvisor Corporation (NYSE: ECOM) announced it will release its second quarter 2022 financial results on August 9, 2022, at 8:00 a.m. ET. The company's conference call will provide insights into its financial performance for the period ending June 30, 2022. ChannelAdvisor is a provider of cloud-based e-commerce solutions, helping brands and retailers optimize their global sales across various online platforms. Investors can access the call live, and details for registration are available on the company's investor relations website.
ChannelAdvisor announced new integrations and capabilities to enhance product visibility and operational efficiency for brands and retailers. With over 350 marketplace integrations, the Summer Release includes expanded advertising reach through Criteo, a new Product Showcase feature for enhanced connections, and support for automation in key processes. This enables brands to manage retail media campaigns effectively within a centralized platform, optimizing their operations while reaching high-intent consumers across various channels globally.
ChannelAdvisor Corporation (NYSE: ECOM) has completed a $25 million share repurchase program, retiring over 1.8 million shares at an average price of $13.67 each. The Board has authorized an additional buyback of up to $25 million through June 30, 2023. This initiative reflects their commitment to returning surplus capital to shareholders and capitalizing on favorable free cash flow yield. The firm remains debt-free and aims to utilize share buybacks as part of its capital allocation strategy.
ChannelAdvisor Corporation (NYSE: ECOM) has announced the opening of registration for FashionCommerce 2022, a virtual event focused on e-commerce strategies for fashion and beauty brands. Scheduled for June 21, 2022, this half-day event will feature insights from industry experts and representatives from major brands like Macy's and Poshmark. The event aims to equip attendees with the latest trends and best practices to enhance online sales. The free event will be accessible live and on-demand, supporting the ongoing growth in the fashion e-commerce sector.
ChannelAdvisor Corporation (NYSE: ECOM), a top provider of cloud-based e-commerce solutions, announced its participation in two investor conferences. The first event is the 17th Annual Needham Technology & Media Conference on May 19, 2022, at 9:30 a.m. Eastern Time. The second is the 42nd Annual William Blair Growth Stock Conference on June 9, 2022, at 1:00 p.m. Eastern Time. Webcasts of both presentations will be available on the company's investor relations website.
ChannelAdvisor Corporation (NYSE: ECOM) reports strong Q1 2022 results, with total revenue reaching $42.3 million, at the high end of guidance. Subscription revenue surged 17% year-over-year, while brands subscription revenue rose 36%, constituting 49% of total subscription revenue. Non-GAAP Adjusted EBITDA exceeded expectations at $8.2 million, yielding an adjusted EBITDA margin of 19%. Cash and equivalents stood at $106.9 million, marking a significant $24.5 million year-over-year increase. The company continues to innovate and expand its channel partnerships.
ChannelAdvisor Corporation (NYSE: ECOM) announced its upcoming first quarter 2022 financial results release set for May 6, 2022, at 8:00 a.m. ET. The company, a leader in cloud-based e-commerce solutions, will conduct a conference call on the same day to discuss the results. Interested parties can join the live call or access a replay on the ChannelAdvisor investor relations website. With over two decades of experience, ChannelAdvisor assists brands and retailers in improving online performance through multichannel commerce solutions.
ChannelAdvisor (NYSE: ECOM) announces exciting updates to enhance its multichannel e-commerce platform. Key features include managed support for TikTok advertising, broadening marketing strategies for brands. New fulfillment integration with additional channels such as Bol.com and Wayfair aims to optimize operations. The platform now supports over 340 marketplaces globally, enhancing consumer reach. Additionally, the Learning Center offers improved training resources for users. This Spring Release aims to streamline e-commerce for brands, allowing them to effectively engage consumers across various channels.
ChannelAdvisor Corporation (NYSE: ECOM) has appointed Juan Manuel Bahamonde as its new Director of Information Security. With over 15 years of experience in information security, Bahamonde will manage all security-related initiatives at ChannelAdvisor. His appointment follows the company's successful completion of its SOC 2 Type 2 Certification, ensuring compliance with five trust principles regarding data protection. This strategic move aligns with the company’s commitment to safeguarding customer data in an increasingly digital environment.
ChannelAdvisor Corporation (NYSE: ECOM) announced that CEO David Spitz will present at the 5th Annual D.A. Davidson Consumer Growth Conference on March 10th at 9:30 a.m. Eastern Time. This event emphasizes the company's role as a provider of cloud-based e-commerce solutions aimed at enhancing online performance for brands and retailers. Attendees can access a live webcast of the presentation on the company's investor relations website, along with a replay.
