ChannelAdvisor (NYSE:ECOM) reported its Q2 earnings results on Tuesday, August 9, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
ChannelAdvisor beat estimated earnings by 13.33%, reporting an EPS of $0.17 versus an estimate of $0.15.
Revenue was up $1.26 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 6.64% drop in the share price the next day.
Here's a look at ChannelAdvisor's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.15 | 0.24 | 0.17 | 0.19 |
| EPS Actual | 0.17 | 0.22 | 0.21 | 0.26 |
| Revenue Estimate | 42.08M | 44.26M | 41.55M | 40.05M |
| Revenue Actual | 42.30M | 45.45M | 41.58M | 41.54M |
To track all earnings releases for ChannelAdvisor visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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