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Jun 30, 2022
SPS Commerce Q2 2022 Earnings Report
SPS Commerce reported second quarter financial results with revenue growth and announced a new share repurchase program.
Key Takeaways
SPS Commerce reported its second quarter financial results, highlighting an 86th consecutive quarter of topline growth. Revenue increased by 15% year-over-year, and recurring revenue grew by 16% year-over-year. The company also announced a new share repurchase program.
SPS Commerce achieved 86 consecutive quarters of topline growth.
Revenue increased by 15% year-over-year.
Recurring revenue growth was 16% year-over-year.
A new share repurchase program of up to $50.0 million was authorized.
SPS Commerce
SPS Commerce
SPS Commerce Revenue by Segment
Revenue by Segment
Recurring Revenue
CapyFin.com Forward Guidance
The press release provides guidance for the third quarter and full year 2022, but exact values are not provided in this document.