SPS Commerce: Q3 Earnings Snapshot

MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — SPS Commerce Inc. (SPSC) on Thursday reported third-quarter earnings of $30.7 million.

The Minneapolis-based company said it had profit of 85 cents per share. Earnings, adjusted for one-time gains and costs, were $1.39 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share.

The provider of supply chain software services to businesses posted revenue of $197.6 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $197.3 million.

For the current quarter ending in December, SPS Commerce expects its per-share earnings to range from $1.31 to $1.36.

The company said it expects revenue in the range of $199.3 million to $201.3 million for the fiscal fourth quarter.

SPS Commerce expects full-year earnings in the range of $5.05 to $5.11 per share, with revenue ranging from $786.9 million to $788.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPSC at https://www.zacks.com/ap/SPSC