SPSC Jumps As SPS Commerce Beats Earnings And Lifts EPS Outlook
SPS Commerce Inc. (NASDAQ: SPSC) saw its stock jump by 11.48% after beating Q2 earnings and revenue estimates and raising its full-year EPS and EBITDA guidance. The company's AI-driven MAX tools showed early customer savings, with a broader rollout planned. Despite a slight trim in revenue guidance due to a divestiture and Q3 guidance slightly below street estimates, analyst sentiment is positive, with multiple banks lifting price targets.
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