Stamps.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 MoreIn a recent request by the United States Postal Service (USPS) to add Priority Mail Express, Priority Mail & First Class Package Service Contract 67 to the competitive product list, we came across a provision within the negotiated service agreement (NSA) that we have not seen in any contracts previously reviewed.
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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