MINNEAPOLIS (AP) _ SPS Commerce Inc. (SPSC) on Thursday reported second-quarter profit of $11.2 million.
The Minneapolis-based company said it had profit of 31 cents per share. Earnings, adjusted for one-time gains and costs, were 37 cents per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.
The provider of supply chain software services to businesses posted revenue of $75.6 million in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $74.4 million.
For the current quarter ending in October, SPS Commerce expects its per-share earnings to range from 32 cents to 33 cents.
The company said it expects revenue in the range of $76.6 million to $77.1 million for the fiscal third quarter.
SPS Commerce expects full-year earnings in the range of $1.41 to $1.42 per share, with revenue ranging from $304.1 million to $305.3 million.
SPS Commerce shares have increased 32% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $73.32, a climb of 29% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPSC at https://www.zacks.com/ap/SPSC
