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Sps Commerce - SPSC STOCK NEWS

Welcome to our dedicated page for Sps Commerce news (Ticker: SPSC), a resource for investors and traders seeking the latest updates and insights on Sps Commerce stock.

Introduction

SPS Commerce Inc (symbol: SPSC) is an established provider of cloud-based supply chain management solutions that optimize the digital interactions between trading partners in the retail ecosystem. As a company operating in the highly competitive and continuously evolving retail technology sector, SPS Commerce has built a robust platform that facilitates the smooth exchange of data and integrated operations between retailers, grocers, distributors, suppliers, and logistics firms. Its comprehensive services leverage cloud technologies, sophisticated retail performance analytics, and digital integration processes to streamline supply chain operations and enhance operational efficiency.

Core Business Model and Value Proposition

The company’s value proposition centers on its ability to connect thousands of trading partners across the retail landscape. By offering a subscription-based model, SPS Commerce ensures a recurring revenue stream that supports continuous innovation and service delivery. Its cloud services platform provides a suite of integrated solutions including fulfillment processes, advanced analytics, and specialized one-time services like professional testing and certification. This integration allows retail partners to reduce operational costs, optimize inventory levels, and achieve a seamless omnichannel experience.

Comprehensive Platform Capabilities

SPS Commerce delivers its solutions through a multifaceted cloud platform that incorporates several essential elements:

  • Fulfillment: Facilitates end-to-end order processing and logistics management, ensuring orders are processed efficiently.
  • Analytics: Provides deep insights into retail performance by harnessing data analytics to improve supply chain visibility and performance metrics.
  • Additional Solutions: Offers products designed for assortment planning, community engagement, and other business-critical functions that enhance the overall retail performance.
  • Professional and Certification Services: Supports customers with one-time engagements that include professional consulting, testing, and certification processes to ensure robust integration and compliance.

These capabilities empower SPS Commerce to address a wide spectrum of supply chain challenges, from reducing inventory complexities to enhancing order visibility, all while supporting sophisticated digital integration among a diverse array of business partners.

Industry Position and Market Impact

SPS Commerce occupies a critical position in the retail supply chain management industry. Its emphasis on cloud-based technology allows the company to support a vast network of over one hundred thousand companies involved in retail, grocery, distribution, and logistics. The company is recognized for its commitment to data-driven integration and has consistently delivered robust performance metrics, which strengthens its reputation among both small-scale businesses and large multinational retailers. The extensive nature of its services and its deep integration into retail ecosystems highlight its role as an essential partner in driving retail efficiency and digital transformation.

Technology and Digital Integration

At the heart of SPS Commerce’s operations is its state-of-the-art cloud platform. The company employs advanced digital integration techniques to facilitate seamless transactions among trading partners. These integrations are designed to reduce operational friction by automating complex supply chain tasks, improving accuracy in order processing, and enhancing overall system efficiency. The platform's capability to aggregate and analyze voluminous data offers actionable insights that help businesses fine-tune their inventory, reduce costs, and achieve improved sales performance through optimized selling processes.

Revenue Model and Financial Consistency

SPS Commerce has built its revenue model on a foundation of recurring subscription fees, which provides a semblance of financial predictability and stability. The subscription-based structure aligns the company’s interests with that of its clients, as it continuously delivers value through improvements in supply chain performance and operational efficiency. This model also buffers the company's revenue stream against seasonal fluctuations, ensuring sustained growth through consistent client engagement across diverse market segments.

Competitive Differentiators and Strategic Partnerships

Several factors differentiate SPS Commerce from its competitors. Foremost among these is its extensive network of trading partners, which enables seamless, data-driven interactions spanning multiple industries. Its knack for digital transformation, combined with targeted investments in advanced analytics and supply chain digitization, sets a high standard in retail technology solutions. The company’s approach of integrating services into a single, accessible cloud platform simplifies the complex web of retail supply chain operations. This integrated approach fosters better collaboration among partners, reduces inefficiencies, and cultivates trust through consistent performance metrics.

Customer-Centric Approach and Service Excellence

The expertise of SPS Commerce is not only reflected in its technical capabilities but also in its customer-obsessed approach. The company places high importance on building enduring relationships, supporting each partner with tailored solutions designed to address unique operational challenges. By leveraging an accessible team of experts and customizable service offerings, SPS Commerce ensures that its technological solutions are not just implemented, but are also strategically aligned with customer goals. This commitment to service excellence has cemented its position as a reliable partner capable of adapting to the evolving demands of the retail industry.

Conclusion

In summary, SPS Commerce stands out as a pivotal player in the realm of cloud-based supply chain management. By harnessing a comprehensive platform that fuses advanced analytics with robust digital integrations, the company facilitates seamless interactions among a broad range of retail and supply chain stakeholders. Its subscription-based revenue model, combined with a strategic focus on network expansion and service enhancement, underscores its critical role in today’s retail technology landscape. SPS Commerce’s ability to innovate while maintaining consistent performance reinforces its reputation as a trusted partner in transforming how supply chains operate across the retail sector.

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SPS Commerce (NASDAQ: SPSC) has announced it will release its third quarter 2024 financial results on Thursday, October 24, 2024, after market close. The company will host a conference call to discuss the results at 3:30 p.m. Central Time (4:30 p.m. Eastern Time) on the same day.

To participate in the call, dial 1-833-816-1382 (U.S.) or 1-412-317-0475 (outside U.S.) at least 15 minutes before the start time. A live webcast and replay will be available on the company's investor relations website. SPS Commerce, a leader in retail supply chain cloud services, has achieved 94 consecutive quarters of revenue growth and serves over 120,000 companies in retail, grocery, distribution, supply, and logistics industries.

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SPS Commerce (NASDAQ: SPSC), a leader in retail supply chain cloud services, announced its participation in Citi's 2024 Global TMT Conference on September 5, 2024, at 1:20 PM E.T. The presentation will be available via webcast on the company's investor relations website.

SPS Commerce is the world's leading retail network, connecting trading partners globally to optimize supply chain operations. The company supports data-driven partnerships with cloud technology, customer service, and expert support. Over 120,000 companies in retail, grocery, distribution, supply, and logistics have chosen SPS as their retail network. Notably, SPS has achieved 94 consecutive quarters of revenue growth and is headquartered in Minneapolis.

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SPS Commerce (NASDAQ: SPSC) has acquired SupplyPike, an automated invoice deduction management and prevention solution, for approximately $119 million in cash and $87 million in SPS Commerce stock. This acquisition expands SPS Commerce's product portfolio, offering suppliers a way to improve their ability to meet retail customers' expectations through automated process monitoring, education, and dispute resolution capabilities.

For Q3 2024, SPS Commerce anticipates the acquisition will add about $3.0 million in revenue but negatively impact Adjusted EBITDA by approximately $750,000. For fiscal year 2024, it's expected to add $8.0 million in revenue with a negative $1.5 million impact on Adjusted EBITDA. In fiscal year 2025, the company projects $25.0 million in additional revenue and breakeven in Adjusted EBITDA.

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SPS Commerce (NASDAQ: SPSC) reported strong Q2 2024 financial results, marking its 94th consecutive quarter of topline growth. Key highlights include:

- Revenue increased 18% year-over-year to $153.6 million
- Recurring revenue grew 18% from Q2 2023
- Net income rose to $18.0 million or $0.48 per diluted share
- Non-GAAP income per diluted share was $0.80
- Adjusted EBITDA increased 16% to $44.2 million

The company announced a new $100 million share repurchase program effective August 23, 2024. SPS Commerce also provided guidance for Q3 2024 and the full fiscal year 2024, projecting continued growth in revenue and earnings.

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SPS Commerce (NASDAQ: SPSC) reported strong Q2 2024 financial results, marking its 94th consecutive quarter of topline growth. Key highlights include:

- Revenue increased 18% year-over-year to $153.6 million
- Recurring revenue grew 18% from Q2 2023
- Net income rose to $18.0 million or $0.48 per diluted share
- Non-GAAP income per diluted share was $0.80
- Adjusted EBITDA increased 16% to $44.2 million

The company announced a new $100 million share repurchase program effective August 23, 2024. SPS Commerce also provided guidance for Q3 2024 and raised its full-year 2024 outlook, projecting 16-17% revenue growth.

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SPS Commerce (NASDAQ: SPSC) announced plans to release its Q2 2024 financial results on July 25, 2024, after market close. The company will discuss these results in a conference call at 3:30 p.m. CT on the same day. Participants can dial 1-833-816-1382 or 1-412-317-0475 (outside the U.S.) and ask to join the SPS Commerce Q2 2024 conference call. A live webcast and replay of the call will be available at the company's investor relations website. SPS Commerce, headquartered in Minneapolis, is a leader in retail supply chain cloud services, supporting over 120,000 companies globally. The company boasts 93 consecutive quarters of revenue growth.

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SPS Commerce, a leader in retail supply chain cloud services, will present at the William Blair 44th Annual Growth Stock Conference on June 5, 2024, at 1:20 PM C.T. A webcast of the presentation will be available at the company's investor relations website.

SPS Commerce connects trading partners around the globe to optimize supply chain operations for retail partners. Over 120,000 companies in retail, grocery, distribution, supply, and logistics use their services.

Headquartered in Minneapolis, SPS Commerce has achieved 93 consecutive quarters of revenue growth. For more information, visit www.spscommerce.com or contact their investor relations team.

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SPS Commerce, Inc. announced the acquisition of Traverse Systems, a SaaS platform, for $25 million in cash and $4.3 million in stock. The acquisition aims to enhance supply chain performance and optimization for retailers and suppliers. Traverse Systems provides solutions for scorecarding, vendor performance management, and improving collaboration between trading partners. The company expects revenue increases of $600,000 for Q2 2024, $2.9 million for FY 2024, and $5 million for FY 2025. Adjusted EBITDA is expected to be negatively impacted by $200,000 for Q2 2024 and breakeven for FY 2024, with $1.5 million for FY 2025. The acquisition details will be further disclosed during the Q2 2024 earnings release in July 2024.

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SPS Commerce, Inc. (NASDAQ: SPSC) reported its first quarter 2024 financial results, showcasing significant growth with revenue and recurring revenue both up by 19% year-over-year. The company achieved a net income of $18.0 million, representing an increase from the previous year. Adjusted EBITDA also saw a 20% rise to $44.4 million. Share repurchases amounted to $20 million during the quarter. SPS Commerce remains confident in its growth trajectory, emphasizing its strong network, go-to-market strategy, and customer relationships. The company's guidance for the second quarter and fiscal year 2024 indicates a positive outlook with expectations of continued growth in revenue and earnings.
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SPS Commerce, Inc. (NASDAQ: SPSC) will release its financial results for Q1 2024 on April 25, 2024. The company will host a call to discuss the results on the same day at 3:30 p.m. CT. Investors can access the call via phone or webcast.
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FAQ

What is the current stock price of Sps Commerce (SPSC)?

The current stock price of Sps Commerce (SPSC) is $128.22 as of March 7, 2025.

What is the market cap of Sps Commerce (SPSC)?

The market cap of Sps Commerce (SPSC) is approximately 5.0B.

What does SPS Commerce specialize in?

SPS Commerce specializes in providing cloud-based supply chain management solutions that integrate retailers, suppliers, distributors, and logistics firms to enhance operational efficiency.

How does SPS Commerce generate revenue?

The company operates on a subscription-based revenue model, offering recurring services that include cloud integrations, retail performance analytics, and professional support services.

What industries benefit from SPS Commerce solutions?

SPS Commerce serves a diverse range of industries including retail, grocery, distribution, supply, manufacturing, and logistics by optimizing their supply chain operations.

How does the SPS Commerce platform enhance supply chain operations?

The platform delivers comprehensive integration tools, detailed analytics, and automated fulfillment processes that improve order visibility, reduce operational costs, and optimize inventory management.

What sets SPS Commerce apart from its competitors?

Its extensive network of trading partners, deep expertise in digital integration, and commitment to continuous innovation provide SPS Commerce with a unique competitive edge within the retail supply chain industry.

What key products are offered by SPS Commerce?

The company offers a suite of solutions including fulfillment services, advanced analytics, and additional products geared toward assortment planning and community engagement, alongside professional services for testing and certification.

How does SPS Commerce utilize data analytics in its services?

SPS Commerce leverages advanced analytics to provide comprehensive insights into retail performance, allowing businesses to make data-driven decisions to optimize their supply chain operations.

Who are the primary customers of SPS Commerce?

The primary customers include retailers, grocers, distributors, suppliers, and logistics providers who benefit from streamlined digital integrations and enhanced supply chain performance.
Sps Commerce

Nasdaq:SPSC

SPSC Rankings

SPSC Stock Data

5.01B
37.30M
0.74%
100.4%
2.85%
Software - Application
Services-prepackaged Software
Link
United States
MINNEAPOLIS