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ChannelAdvisor Corporation (NYSE: ECOM) announced that CEO David Spitz will present at the D.A. Davidson 19th Annual Software & Internet Virtual Conference on September 9, 2020, at 1:05 p.m. Eastern Time. A live webcast and a replay will be accessible on the company’s investor relations webpage. ChannelAdvisor is a leader in cloud-based e-commerce solutions, enhancing online performance for brands and retailers globally by optimizing sales channels and providing actionable analytics.
ChannelAdvisor (NYSE: ECOM) has announced that its Connect 2020 conference will transition to a global interactive virtual event on October 7-8. The conference aims to assist brands and retailers in enhancing their e-commerce strategies amid challenging times. Participants will have access to speakers, breakout sessions, and the option to meet with ChannelAdvisor's experts. Registration is free and will remain open throughout the event. Attendees can also access on-demand sessions post-conference. For more details, visit connect.channeladvisor.com.
ChannelAdvisor Corporation (NYSE: ECOM) announced that CEO David Spitz will present at the KeyBanc Capital Markets Future of Technology Series on August 25, 2020, at 10:40 a.m. Eastern Time. The event will highlight the company's strategies and innovations in the e-commerce sector. Attendees can view a live webcast and a replay on the investor relations website. ChannelAdvisor has been enabling brands and retailers to enhance online sales through various platforms like Amazon and eBay for nearly two decades. For more details, visit www.channeladvisor.com.
ChannelAdvisor Corporation (NYSE: ECOM) reported strong financial results for Q2 2020, achieving a 17% year-over-year revenue growth to $37.4 million, the highest since Q4 2015. Variable revenue surged 89% to $11.7 million, signifying a significant shift in consumer buying behavior amid the COVID-19 pandemic. Adjusted EBITDA margin increased to 31%, reflecting enhanced profitability. Cash reserves grew by $8 million sequentially to $64 million. The company also acquired BlueBoard for improved e-commerce analytics and established a $25 million revolving credit facility for strategic initiatives.
ChannelAdvisor (NYSE: ECOM) announced preliminary financial results for Q2 2020, projecting revenue of approximately $37.3 million, exceeding previous guidance by $4.8 million, and showing 17% growth year-over-year. Adjusted EBITDA is expected to be around $11.4 million, significantly above prior expectations of $6.0 million. The growth was bolstered by increased e-commerce activity amidst the COVID-19 pandemic. Additionally, ChannelAdvisor acquired BlueBoard, enhancing its analytics capabilities in e-commerce.
ChannelAdvisor Corporation (NYSE: ECOM) has acquired BlueBoard, a Paris-based e-commerce analytics firm that serves major brands such as L'Oreal and Logitech. This acquisition aims to enhance ChannelAdvisor's e-commerce analytics capabilities by introducing ChannelAdvisor Brand Analytics, allowing brands to manage online distribution, improve visibility, and drive sales. The financial terms of the acquisition were not disclosed. The move is positioned to provide actionable insights to brands, helping them navigate the evolving digital landscape and optimize their multi-channel sales strategies.
ChannelAdvisor (NYSE: ECOM) announces its second quarter 2020 financial results will be released on August 6, 2020, before 8:00 a.m. ET. A conference call will follow at 8:00 a.m. ET for management to discuss the results. ChannelAdvisor, a leading e-commerce cloud platform, helps brands and retailers enhance online performance by optimizing sales channels, connecting with consumers globally, and providing actionable analytics. The company serves thousands of customers on platforms like Amazon, eBay, Google, and Walmart.
ChannelAdvisor Corporation (NYSE: ECOM) announced advanced automation capabilities aimed at enhancing advertising efficiency on Amazon. New features include Ad Performance Rules that allow advertisers to pause underperforming campaigns automatically, improving ROI and saving time. The company also expanded support for first-party dropship connections and new marketplace integrations, facilitating growth and diversifying selling channels. These enhancements enable brands and retailers to manage listings more effectively, streamline order fulfillment, and connect with customers efficiently.
ChannelAdvisor (NYSE: ECOM) announced that COO Beth Segovia and CFO Rich Cornetta will present at the William Blair 40th Annual Growth Stock Conference on June 9, 2020, at 11:40 a.m. ET. This event will be accessible via live webcast, with a replay available on the Company’s investor relations site. ChannelAdvisor is a leading e-commerce cloud platform dedicated to enhancing online performance for brands and retailers, connecting them with global sales channels, and providing essential analytics for competitiveness.
