STOCK TITAN

SPS Commerce, Inc. - 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.

SPS Commerce, Inc. (Nasdaq: SPSC) is a prominent leader in cloud-based supply chain management solutions. Headquartered in Minneapolis, SPS Commerce perfects the power of trading partner relationships through its industry-leading retail cloud services platform. The company provides proven integrations and comprehensive retail performance analytics, serving thousands of customers worldwide, from retailers and grocers to distributors, suppliers, and logistics firms.

SPS Commerce's core offerings include Fulfillment, Analytics, Assortment, and Community, along with professional services, testing, and certification. These solutions collectively enhance supply chain performance, optimize inventory levels, improve order visibility, and reduce operational costs, while ensuring a seamless omnichannel experience for consumers.

With a track record of 93 consecutive quarters of revenue growth, SPS Commerce is not only a robust and reliable partner but also a significant player in the retail supply chain landscape. Recent achievements include the pending acquisition of TIE Kinetix, furthering their market reach and capabilities. Financial highlights for the second quarter of 2023 underscored ongoing investments across the retail industry, presenting tremendous opportunities for SPS to expand its competitive edge.

SPS Commerce is the world's largest retail network, connecting over 120,000 companies across retail, grocery, distribution, supply, and logistics sectors. This extensive network supports data-driven partnerships with innovative cloud technology, customer-obsessed service, and accessible expertise, enabling customers to focus on their core business operations while benefiting from optimized supply chain efficiency.

For more information, please contact SPS Commerce at 866-245-8100 or visit www.spscommerce.com.

Rhea-AI Summary
SPS Commerce, Inc. (NASDAQ: SPSC) will release its financial results for Q4 and year ended December 31, 2023, on February 8, 2024. The company will host a call to discuss the results at 3:30 p.m. CT on the same day. A live webcast of the call will be available on the company's investor website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
Tags
-
Rhea-AI Summary
SPS Commerce, Inc. (SPSC) to Present at 26th Annual Needham Growth Conference on January 17, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.85%
Tags
conferences
-
Rhea-AI Summary
SPS Commerce reports 18% revenue growth in Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
Tags
Rhea-AI Summary
SPS Commerce to Release Q3 2023 Financial Results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
-
News
Rhea-AI Summary
SPS Commerce, Inc. (NASDAQ: SPSC) acquires The Order Exchange, enhancing their expertise in EDI system automation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
none
-
Rhea-AI Summary
SPS Commerce completes acquisition of TIE Kinetix, expanding e-invoicing capability in Europe
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
Rhea-AI Summary
SPS Commerce, Inc. (Nasdaq: SPSC) announced its financial results for Q2 2023, reporting a 19% growth in revenue and a 20% growth in recurring revenue compared to Q2 2022. Net income was $14.7 million or $0.39 per diluted share. Adjusted EBITDA increased 24% to $38.2 million. The company remains committed to delivering world-class products and capitalizing on opportunities in the retail industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
-
News
Rhea-AI Summary
SPS Commerce announces acquisition of TIE Kinetix to strengthen e-invoicing capabilities and expand European presence
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
Tags
-
Rhea-AI Summary
SPS Commerce, Inc. will release its financial results for Q2 2023 on July 27, 2023, after the market close. A conference call will be held at 3:30 p.m. CT on the same day to discuss the results. Dial-in information and a live webcast will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
Rhea-AI Summary
SPS Commerce announces the appointment of Chad Collins as its new CEO, effective October 2, 2023. Current CEO Archie Black will transition to the role of Executive Chair of the Board. Collins brings 25 years of supply chain technology experience and will focus on customer innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.01%
Tags
management

FAQ

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

The current stock price of SPS Commerce (SPSC) is $181.19 as of February 4, 2025.

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

The market cap of SPS Commerce (SPSC) is approximately 6.8B.

What services does SPS Commerce provide?

SPS Commerce offers cloud-based supply chain management solutions, including Fulfillment, Analytics, Assortment, Community, professional services, and testing and certification.

Where is SPS Commerce headquartered?

SPS Commerce is headquartered in Minneapolis, Minnesota.

How many customers does SPS Commerce serve?

SPS Commerce connects over 120,000 companies in retail, grocery, distribution, supply, and logistics sectors.

What is the significance of the TIE Kinetix acquisition?

The pending acquisition of TIE Kinetix is set to expand SPS Commerce's market reach and capabilities in the retail supply chain landscape.

How many consecutive quarters of revenue growth has SPS Commerce achieved?

SPS Commerce has achieved 93 consecutive quarters of revenue growth.

What are the main products offered by SPS Commerce?

The main products include Fulfillment, Analytics, Assortment, and Community.

How can I contact SPS Commerce for more information?

You can contact SPS Commerce at 866-245-8100 or visit their website at www.spscommerce.com.

What industries does SPS Commerce primarily serve?

SPS Commerce primarily serves retailers, grocers, distributors, suppliers, and logistics firms.

What is SPS Commerce's role in the retail supply chain?

SPS Commerce optimizes supply chain operations, improves order visibility, and reduces operational costs to ensure a seamless omnichannel experience for consumers.

What are the company's recent financial highlights?

Recent financial highlights include a strong performance for the second quarter of 2023 and ongoing investments presenting growth opportunities.
SPS Commerce, Inc.

Nasdaq:SPSC

SPSC Rankings

SPSC Stock Data

6.84B
37.27M
0.74%
100.4%
2.85%
Software - Application
Services-prepackaged Software
Link
United States of America
MINNEAPOLIS