Welcome to our dedicated page for ECOM news (Ticker: ECOM), a resource for investors and traders seeking the latest updates and insights on ECOM stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ECOM's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ECOM's position in the market.
ChannelAdvisor, a leader in cloud-based e-commerce solutions, will host an Analyst Day on September 16, 2021, at 9:00 a.m. ET. During this virtual event, executives will share the company's strategy, innovation plans, and financials, followed by a live Q&A session. Attendees can register for the event at ChannelAdvisor's Analyst Day page. A replay will be available on the company’s investor relations website after the event.
ChannelAdvisor Corporation (NYSE: ECOM) reported record revenue of $41.5 million for Q2 2021, marking an 11% year-over-year increase. Subscription revenue grew 25%, with brand revenue surging 39%. The company achieved 54% subscription revenue growth from brands, contributing significantly to total revenue. Notable cash reserves rose to $90.4 million, and adjusted EBITDA reached $9.3 million, boasting a 22% margin. ChannelAdvisor anticipates Q3 revenue between $41.3 and $41.7 million, reflecting a 17%-18% growth.
ChannelAdvisor Corporation (NYSE: ECOM) celebrates 20 years of growth and innovation in e-commerce. Founded on July 1, 2001, the company has developed powerful automation and analytics tools for brands and retailers, enhancing their sales strategies. Co-founders Scot Wingo and Aris Buinevicius have propelled the company to become a leader in channel management and search engine marketing. CEO David Spitz emphasizes ongoing commitment to innovation and investment in customer success. ChannelAdvisor supports customers globally across various channels, ensuring competitiveness in the evolving online marketplace.
ChannelAdvisor (NYSE: ECOM) announced it will release its Q2 2021 financial results on August 5, 2021, before 8:00 a.m. ET. A conference call to discuss these results will follow at 8:00 a.m. ET. Investors can access a recorded version of the webcast post-call at ir.channeladvisor.com.
ChannelAdvisor is a leading e-commerce cloud platform, helping brands and retailers enhance online performance and connect with consumers through various sales channels.
ChannelAdvisor Corporation (NYSE: ECOM) announced its annual online conference, ChannelAdvisor Connect 2021, scheduled for September 14-15. This event will focus on new technologies and strategies in e-commerce, helping brands and retailers boost global sales. Registration opens today, granting free access to live sessions featuring key industry figures, including CEO David Spitz. Attendees will explore topics such as online marketplaces, retail media, and growth strategies in an evolving market. For more information, visit connect.channeladvisor.com.
ChannelAdvisor Corporation (NYSE: ECOM) has reopened two U.S. office locations after 15 months of virtual operations and introduced a flexible work policy allowing employees to choose between remote, in-office, or hybrid work. CEO David Spitz emphasized the importance of employee health and safety and noted the initiative could improve talent acquisition and reduce facility costs. The company employs around 800 people globally with offices in various cities, continuing to monitor health guidelines for future office openings.
ChannelAdvisor Corporation (NYSE: ECOM) recently published a case study showcasing its collaboration with Dynacraft, a manufacturer of bicycles and toys, which achieved a remarkable 100% year-over-year increase in Walmart sales. Utilizing ChannelAdvisor's Managed Services, Dynacraft implemented a digital marketing strategy to improve its direct-to-consumer sales. ChannelAdvisor's tools helped optimize operations for Walmart, enhancing ad management and product listings. This illustrates the effectiveness of their omnichannel approach in navigating the e-commerce landscape.
ChannelAdvisor Corporation (NYSE: ECOM) announced a strong hiring initiative for various sales positions, including sales development representatives and account executives, following a notable 22% year-over-year revenue growth in Q1 2021. The company aims to leverage this momentum to enhance its sales organization, as highlighted by Paul Colucci, Chief Revenue Officer. Randi Seran, VP of HR, emphasized the value of talent in the e-commerce sector. Interested candidates can visit ChannelAdvisor's career page for more details on available positions.
ChannelAdvisor Corporation (NYSE: ECOM) has opened registration for FashionCommerce 2021, a virtual event on June 15, 2021, targeting fashion brands and retailers. The event aims to enhance online performance amid shifting consumer expectations due to the pandemic, featuring sessions led by industry leaders from companies like Facebook and Google. Attendees can learn strategies to optimize product data and enhance online presence. The event will be accessible live and on-demand across the US, EMEA, and Australia.
