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home / articles / sps commerce posts upbeat results joins masonite int mwn benzinga


SPSC - SPS Commerce Posts Upbeat Results Joins Masonite International Impinj And Other Big Stocks Moving Higher On Friday | Benzinga

U.S. stocks traded mixed, with the Nasdaq Composite gaining around 100 points on Friday.

Shares of SPS Commerce, Inc. (NASDAQ: SPSC) rose sharply during Friday’s session following upbeat results.

SPS Commerce posted adjusted earnings of 75 cents per share, beating market estimates of 69 cents per share. The company’s quarterly sales came in at $144.97 million versus expectations of $143.09 million, according to data from Benzinga Pro.

SPS Commerce shares jumped 10.2% to $202.57 on Friday.

Here are some other big stocks recording gains in today’s session.

  • Masonite International Corporation (NYSE: DOOR) gained 34.5% to $129.99 after Owens Corning announced it will acquire the company for $3.9 billion.
  • Cloudflare, Inc. (NYSE: NET) jumped 23.5% to $111.49 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance.
  • CleanSpark, Inc. (NASDAQ: CLSK) shares rose ...

Full story available on Benzinga.com

Stock Information

Company Name: SPS Commerce Inc.
Stock Symbol: SPSC
Market: NASDAQ
Website: spscommerce.com

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