We met with Stamps.com’s (STMP) finance team, led by CFO Jeff Carberry, at the company’s headquarters in El Segundo, CA. Our focus was largely on the strategic shifts occurring across the domestic shipping industry and the path forward for Stamps.com following the United States Postal Service’s (USPS) curtailing of incentives to the company and resellers within the USPS’ ecosystem.
Read MoreIt was déjà vu all over again. Much like last quarter, Stamps.com (STMP) delivered results ahead of Street expectations. Unfortunately, Q1 ’19 results were similarly overshadowed by negative developments impacting revenue streams associated with the United States Postal Service (USPS), prompting management to cut its outlook for the year.
Read MoreStamps.com (STMP) reports Q1 ’19 results after the market closes on Wednesday, May 8.
Read MoreHeading into the final week of calendar Q1 ’19, two more secondary offerings priced this past week and a couple more acquisitions hit the tape.
Read MoreAfter the market closed today, Stamps.com (STMP) announced a new $60.0MM share repurchase plan.
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