Sps Commerce, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 29, 2021 at 04:17 pm EDT
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SPS Commerce, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 94.539 million compared to USD 75.573 million a year ago. Operating income was USD 13.529 million compared to USD 11.111 million a year ago. Net income was USD 10.183 million compared to USD 11.194 million a year ago. Basic earnings per share from continuing operations was USD 0.28 compared to USD 0.32 a year ago. Diluted earnings per share from continuing operations was USD 0.28 compared to USD 0.31 a year ago. For the half year, sales was USD 184.633 million compared to USD 149.765 million a year ago. Operating income was USD 26.191 million compared to USD 22.647 million a year ago. Net income was USD 20.383 million compared to USD 20.709 million a year ago. Basic earnings per share from continuing operations was USD 0.57 compared to USD 0.59 a year ago. Diluted earnings per share from continuing operations was USD 0.55 compared to USD 0.58 a year ago.
SPS Commerce, Inc. is a provider of cloud-based supply chain management services that supports retailers, grocers, distributors, suppliers, and logistics firms to communicate and collaborate by simplifying how they manage and share item, order, and sales data across omnichannel retail channels. The Company's products include Fulfillment, Analytics and Other products. Fulfillment product is a full-service electronic data interchange (EDI) solution that scales as a business grows. Analytics product enables organizations to improve visibility into how products are selling through a single connection across all sales channels, including wholesale, eCommerce, and marketplaces. The Company provide several complementary products, such as assortment, and community. In addition to these offerings, it also provides one-time services such as professional services and testing and certification. It provides supply chain digitalization including EDI and e-invoicing in Europe and the United States.
SPS COMMERCE, INC. 
