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ECOM - ChannelAdvisor News Story

$21.42 -1.6  -7.0%

Last Trade - 04/03/21

Sector
Technology
Size
Mid Cap
Market Cap £447.8m
Enterprise Value £396.3m
Revenue £104.4m
Position in Universe 3233rd / 6647

BRIEF-ChannelAdvisor Reports Fourth Quarter And Full Year 2018 Results

Wed 13th February, 2019 11:59am
Feb 13 (Reuters) - ChannelAdvisor Corp  ECOM.N :
    * CHANNELADVISOR REPORTS RECORD FOURTH QUARTER AND FULL YEAR
2018
REVENUE; FOURTH QUARTER AND FULL YEAR 2018 ADJUSTED EBITDA
EXCEED GUIDANCE
    * Q4 NON-GAAP EARNINGS PER SHARE $0.13
    * Q4 GAAP EARNINGS PER SHARE $0.02
    * Q4 EARNINGS PER SHARE ESTIMATE $0.07 -- REFINITIV IBES
DATA
    * Q4 REVENUE $34.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$34.7
MILLION
    * TOTAL CUSTOMER COUNT WAS 2,833 AT END OF 2018, COMPARED
WITH
2,815 AS OF SEPTEMBER 30, 2018
    * ARPC WAS $46,286 FOR 2018, AN INCREASE OF 8.4% FROM PRIOR
YEAR
    * SEES Q1 2019 REVENUE $31.5 - $32.0 MILLION
    * SEES 2019 REVENUE $136.0 - $139.0 MILLION
    * SEES 2019 ADJUSTED EBITDA $13.0 - $15.0 MILLION
    * SEES Q1 2019 ADJUSTED EBITDA $0.6 - $1.0 MILLION
    * Q1 REVENUE VIEW $33.2 MILLION -- REFINITIV IBES DATA
    * FY2019 REVENUE VIEW $140.2 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX4pt55Q 
Further company coverage:  ECOM.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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