ChannelAdvisor: Q2 Earnings Snapshot

August 9, 2022 GMT

MORRISVILLE, N.C. (AP) _ ChannelAdvisor Corp. (ECOM) on Tuesday reported second-quarter net income of $1.8 million.

On a per-share basis, the Morrisville, North Carolina-based company said it had net income of 6 cents. Earnings, adjusted for stock option expense, came to 17 cents per share.

The provider of cloud-based e-commerce services posted revenue of $42.8 million in the period.

For the current quarter ending in October, ChannelAdvisor said it expects revenue in the range of $43.4 million to $43.8 million.

The company expects full-year revenue in the range of $177 million to $179 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ECOM at https://www.zacks.com/ap/ECOM