Stamps.com (STMP) posted another big beat in Q3 and raised guidance for FY ’19, in effect taking expectations back to where the company had guided earlier in the year. Both the beat and raise largely reflected the extension of existing United States Postal Service (USPS) reseller agreements through year-end versus prior assumptions that new terms could be instituted after the June quarter.
Read MoreStamps.com (STMP) reports Q3 ’19 results on Thursday, August 7. Our estimates sit slightly below consensus for the quarter and reflect a fair amount of conservatism given uncertainty over contribution from the company’s reseller partnerships.
Read MoreAfter the close yesterday, UPS unveiled the UPS Digital Access Program, a series of strategic alliances and agreements designed to make its services more broadly available to e-commerce merchants. The press release specifically notes that UPS has signed an agreement with Stamps.com (STMP) to offer discounted shipping rates to customers of ShipStation, ShippingEasy, ShipWorks, Stamps.com and Endicia.
Read MoreStamps.com (STMP) delivered Q2 ’19 results ahead of expectations. Underlying the strong performance was the highest number of gross customer additions in recent memory, robust growth in Global Advantage Program revenues, and a modest reacceleration in customer postage printed.
Read MoreStamps.com (STMP) reports Q2 ’19 results on Wednesday, August 7. Our revenue, adjusted EBITDA, and non-GAAP EPS estimates sit above consensus, and we remain comfortable with our projections.
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