Stamps.com (STMP) reports Q3 ’20 results after market close on Thursday, November 5. As communicated in our last report, “USPS PC Postage Revenue +52% Y/Y in August”, data for the first two months of the quarter suggests Stamps.com is poised to meaningfully outperform both consensus and our expectations for Q3.
Read MoreMonthly data from the United States Postal Service (USPS) revealed an ongoing trend of robust growth in PC Postage revenue, leaving us confident that Stamps.com (STMP) remains poised for another meaningful beat and raise this quarter.
Read MorePC Postage revenue increased 52% Y/Y in August according to monthly data available from the United States Postal Service (USPS). Although a deceleration from the nearly 64% rise in July, the continuing trend of robust growth in PC Postage revenue amid the COVID-19 pandemic brings the quarter-to-date increase to 58% Y/Y.
Read MoreStamps.com’s (STMP) Q2 ’20 results crushed Street expectations as the COVID-19 crisis provided a significant tailwind on several fronts.
Read MoreStamps.com (STMP) reports Q2 ’20 results on Thursday, August 6, after the close. Ahead of the print, we are increasing our estimates to reflect the tailwind from a multi-year acceleration in e-commerce growth catalyzed by the COVID-19 crisis.
Read More