SPS Commerce shares plunge as revenue misses, guidance disappoints By Investing.com
Update: 2025-10-30
Description
SPS Commerce's Q3 earnings beat profit expectations but fell short on revenue, causing a significant stock drop. Despite a 16% revenue increase and 18% rise in recurring revenue, investors reacted negatively to the company's conservative outlook for the next few months and lower-than-expected full-year revenue forecast. The CEO expressed optimism about the changing retail world, while the company announced a share repurchase program and new leadership appointments.
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