Stamps.com Reports Second Quarter Results
Stamps.com Inc. (STMP)
Last stamps.com inc. earnings: 2/19 04:30 pm
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US:NASDAQ Investor Relations:
investor.stamps.com/investor-relations
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Source: Business Wire
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Stamps.com® (Nasdaq: STMP), the leading provider of postage online and shipping software, today announced results for the quarter ended June 30, 2019.Second Quarter 2019 Financial Highlights Total revenue was $138.8 million, down 1% compared to $139.6 million in the second quarter of 2018.GAAP net income was $14.0 million, down 69% compared to $45.5 million in the second quarter of 2018.GAAP net income per fully diluted share was $0.79, down 67% compared to $2.41 in the second quarter of 2018.Non-GAAP adjusted EBITDA was $39.3 million, down 38% compared to $63.6 million in the second quarter of 2018.Non-GAAP adjusted income per fully diluted share was $1.25, down 54% compared to $2.75 in the second quarter of 2018.“During the second quarter we continued to make progress on our efforts to evolve our strategy to more fully embrace a global multi-carrier business model,” said Ken McBride, Stamps.com's Chairman and CEO. “Our financial results for t
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