Stamps.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 MoreMetapack, a subsidiary of Stamps.com (STMP), hosted its annual ecommerce event, The Delivery Conference, last week. The two-day affair was held virtually for the first time, providing us with an opportunity to hear from a cadre of Metapack executives, retailers and carriers.
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.
Read MoreStamps.com (STMP) reported Q3 ’20 results well above Street expectations and comfortably ahead of our recently raised estimates.
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