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home / news releases / STMP - Stamps.com -8% despite strong results guidance boost


STMP - Stamps.com -8% despite strong results guidance boost

Stamps.com (STMP) is down sharply in early trading despite topping Q3 estimates and setting guidance ahead of expectations. The company expects full-year revenue of $705M to $735M vs. $710M consensus and EPS of $10.35 to $11.35 vs. $7.91 consensus. The new revenue guidance is ahead of the $650M to $725M outlook issued in August. Shares of STMP are down 8.49% premarket to $232.00. The drop cuts into what has been a +200% YTD gain.Previously: Stamps.com EPS beats by $2.37, beats on revenue

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Stamps.com -8% despite strong results, guidance boost
Stock Information

Company Name: Stamps.com Inc.
Stock Symbol: STMP
Market: NASDAQ
Website: stamps.com

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