– 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
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%