Earnings PerformanceSPS Commerce reported a solid second quarter with total and recurring revenue growing 22% and 24%, respectively, approximately $2 million ahead of expectations.
Growth OpportunitiesSupplyPike is expanding into four new department stores, marking a significant acceleration in retailer growth for SPS' new revenue recovery solution.
Market PositionSPS Commerce is well positioned to capture share in this $4B market as the leading EDI vendor with a large 500K network.