Categories Earnings, Industrials

Stamps.com Inc. (NASDAQ: STMP): Q4 2019 Earnings Snapshot

– Stamps.com Inc. (NASDAQ: STMP) reported adjusted earnings of $2.12 per share for the fourth quarter of 2019, vs. $1.03 per share expected.

– Unadjusted net income was $20.3 million or $1.13 per share in the December-quarter, compared to $42.7 million or $2.30 per share a year earlier.

– Revenues dropped 5% to $160.9 million from $170.2 million in the fourth quarter of 2018, vs. $144.68 million expected

— Mailing and Shipping revenue dropped 6% annually, while Customized Postage revenue moved up 2%

— During the quarter, the company repurchased around 76 thousand shares at a total cost $6 million

— Expect total revenue to be in a range of $570 million to $600 million in fiscal 2020

— Looking for unadjusted net income between $41 million and $53 million for the full fiscal year

— Expects full-year unadjusted earnings to be in a range of $2.08 per share to $2.92 per share

— For 2020, forecasts adjusted earnings in the range of $4.00 per share to $5.00 per share

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

Most Popular

Trxade (MEDS) is increasing the breadth of product offerings: CEO Suren Ajjarapu

Trxade Health Inc. (NASDAQ: MEDS) is an online pharmaceutical marketplace that provides a platform for independent pharmacies to operate more effectively. The company’s digital platform helps optimize drug procurement and

AMAT Stock: Is now the right time to invest in Applied Materials?

It is estimated that the size of the global chip manufacturing equipment market would nearly double from the current levels to about $142 billion in the next eight years. Applied

Here’s a look at Take-Two Interactive Software’s (TTWO) expectations for the coming year

Shares of Take-Two Interactive Software (NASDAQ: TTWO) were down over 2% on Friday. The stock has dropped 32% year-to-date and 35% over the past 12 months. Earlier this week, the

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top