- SPS Commerce press release ( NASDAQ: SPSC ): Q4 Non-GAAP EPS of $0.63 beats by $0.09 .
- Revenue of $122M (+18.7% Y/Y) beats by $1.22M .
- Adjusted EBITDA for the fourth quarter of 2022 increased 26% to $35.0 million compared to the fourth quarter of 2021.
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Guidance First Quarter 2023 Guidance
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Revenue is expected to be in the range of $123.3 million to $124.3 million.
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Net income per diluted share is expected to be in the range of $0.26 to $0.27, with fully diluted weighted average shares outstanding of 37.2 million shares.
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Non-GAAP income per diluted share is expected to be in the range of $0.56 to $0.57.
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Adjusted EBITDA is expected to be in the range of $35.0 million to $35.7 million.
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Non-cash, share-based compensation expense is expected to be $12.0 million, depreciation expense is expected to be $4.8 million, and amortization expense is expected to be $3.9 million.
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Fiscal Year 2023 Guidance
- Revenue is expected to be in the range of $523.0 million to $526.0 million, representing 16% to 17% growth over 2022.
- Net income per diluted share is expected to be in the range of $1.49 to $1.55, with fully diluted weighted average shares outstanding of 37.3 million shares.
- Non-GAAP income per diluted share is expected to be in the range of $2.63 to $2.69.
- Adjusted EBITDA is expected to be in the range of $152.5 to $154.5 million, representing 15% to 17% growth over 2022.
- Non-cash, share-based compensation expense is expected to be $45.0 million, depreciation expense is expected to be $19.8 million, and amortization expense is expected to be $15.6 million.
For further details see:
SPS Commerce Non-GAAP EPS of $0.63 beats by $0.09, revenue of $122M beats by $1.22M