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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 Q3 Earnings Per Share $0.06

Thu 7th November, 2019 12:20pm
Nov 7 (Reuters) - ChannelAdvisor Corp  ECOM.N :
    * CHANNELADVISOR REPORTS THIRD QUARTER 2019
RESULTS; ADJUSTED
EBITDA SIGNIFICANTLY EXCEEDS GUIDANCE
    * Q3 GAAP EARNINGS PER SHARE $0.06
    * Q3 REVENUE $31.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$31.7
MILLION
    * Q3 EARNINGS PER SHARE ESTIMATE $0.09 -- REFINITIV IBES
DATA
    * CASH AND CASH EQUIVALENTS TOTALED $48.2 MILLION AS OF
SEPTEMBER
30, 2019, VERSUS $47.2 MILLION AS OF DECEMBER 31, 2018
    * UPDATING GUIDANCE FOR FULL YEAR 2019
    * SEES 2019 REVENUE $129.0 MILLION - $130.0 MILLION
    * SEES 2019 ADJUSTED EBITDA $18 MILLION - $18.5 MILLION

Source text for Eikon:  ID:nGNX2HSnPn 
Further company coverage:  ECOM.N 

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