Stamps.com (STMP) reported Q1 ’21 results above our estimates and consensus, benefiting from continued strong growth in both paid subscribers and shipping volumes.
Read MoreStamps.com (STMP) reports Q1 ’21 results on Thursday, May 6. For those that missed our missive on the United States Postal Service’s (USPS) ten-year plan and monthly data for February (see “K. Liu’s Week in Review” published on March 27, 2021), our opinion at the time was that Stamps.com was well positioned to meet or exceed our expectations for Q1.
Read MoreStamps.com (STMP) delivered Q4 ’20 results ahead of expectations, capping a year of resurgent growth fueled by the COVID-19 pandemic. Most surprising (and impressive) from our perspective was further acceleration in the company’s paid customer growth rate to 35% and a corresponding decline of 15% in the cost per acquired customer.
Read MoreStamps.com (STMP) reports Q4 ’20 results on Wednesday, February 17. As we have consistently opined since the release of the United States Postal Service’s (USPS) monthly data for November, Stamps.com is poised to meaningfully outperform its guidance once again.
Read MoreMonthly data from the United States Postal Service (USPS) revealed that PC Postage revenue increased 58% Y/Y in November, accelerating from the 39% Y/Y increase in October.
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