Brief: SPS Commerce Acquires Mapadoc

SPS Commerce

27/08/2019 14:06

Aug 27 (Reuters) - SPS Commerce Inc  SPSC.O :
    * SPS COMMERCE ACQUIRES MAPADOC
    * SPS COMMERCE INC - ACQUIRED MAPADOC FOR $11.5 MILLION IN
CASH.
    * SPS COMMERCE INC - UNDER TERMS OF ACQUISITION AGREEMENT,
SPS
COMMERCE ACQUIRED MAPADOC FOR $11.5 MILLION IN CASH.
    * SPS COMMERCE INC - ANTICIPATES ACQUISITION WILL HAVE A
NOMINAL
IMPACT TO Q3 AND FULL YEAR 2019 EXPECTED FINANCIAL RESULTS
    * SPS COMMERCE INC - EXPECTS ACQUISITION TO CONTRIBUTE
APPROXIMATELY $2 MILLION IN REVENUE AND APPROXIMATELY $1 MILLION
IN ADJUSTED EBITDA IN FISCAL YEAR 2020.

Source text for Eikon:  ID:nGNX3cyjt7 
Further company coverage:  SPSC.O 

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