SPS Commerce provides cloud-based supply chain management solutions worldwide. It provides solutions through the SPS Commerce platform, a cloud-based product suite that improves the way suppliers, retailers, distributors, and other customers manage and fulfill orders. The company was founded in 1987 and is based in Minneapolis, Minnesota.
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SPS Commerce (SPSC) reported a strong start to the year with revenue growing 11% and coming in ahead of expectations. In addition, the company's adjusted EBITDA margin expanded nearly 3 percentage points to 27.4% during the quarter. Since reporting earnings a few weeks ago, the stock has rallied around 25%...
The Software Side of Life on Seeking Alpha | June 16, 2020