ChannelAdvisor logo

ECOM - ChannelAdvisor News Story

$22 0.6  2.7%

Last Trade - 05/03/21

Sector
Technology
Size
Mid Cap
Market Cap £461.7m
Enterprise Value £410.0m
Revenue £104.8m
Position in Universe 3214th / 6651

BRIEF-Channeladvisor Posts Q4 GAAP Earnings Per Share Of $0.19

Wed 12th February, 2020 11:53am
Feb 12 (Reuters) - ChannelAdvisor Corp  ECOM.N :
    * CHANNELADVISOR REPORTS FOURTH QUARTER AND FULL YEAR 2019
RESULTS; REVENUE ACHIEVES HIGH END OF GUIDANCE AND RECORD
ADJUSTED EBITDA SIGNIFICANTLY EXCEEDS GUIDANCE
    * Q4 GAAP EARNINGS PER SHARE $0.19
    * Q4 EARNINGS PER SHARE ESTIMATE $0.19 -- REFINITIV IBES
DATA
    * Q4 REVENUE $34.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$34.3
MILLION
    * SEES Q1 2020 REVENUE $31.3 MILLION TO $31.7 MILLION
    * SEES Q1 2020 ADJUSTED EBITDA $4.0 MILLION TO $4.5 MILLION
    * Q1 REVENUE VIEW $32.7 MILLION -- REFINITIV IBES DATA
    * SEES MINIMUM REVENUE FOR FY 2020 OF $130 MILLION
    * SEES MINIMUM ADJUSTED EBITDA FOR FY 2020 OF $20 MILLION
    * SEES Q1 2020 ADJUSTED EBITDA AS A PERCENTAGE OF REVENUE OF
13%
    * SEES FY 2020 ADJUSTED EBITDA AS A PERCENTAGE OF REVENUE OF
15%
    * COMMERCIAL LAUNCH OF CHANNELADVISOR STARTER EDITION IS
EXPECTED
TO OCCUR IN Q2 OF 2020

Source text for Eikon:  ID:nGNX9pYBx2 
Further company coverage:  ECOM.N 

 ((Reuters.Briefs@thomsonreuters.com;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.