ChannelAdvisor: Q2 Earnings Snapshot
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.