SPS Commerce (NASDAQ:SPSC) releases earnings results, beats estimates by $0.16 EPS. Posted by Amy Steele on Oct 29th, 2026 SPS Commerce (NASDAQ:SPSC - Get Free Report) released its quarterly earnings results on Thursday. The software maker reported $1.39 earnings per share for the quarter, topping analysts' consensus estimates of $1.23 by $0.16, FiscalAI reports. The business had revenue of $197.65 million during the quarter, compared to analysts' expectations of $197.51 million. SPS Commerce had a return on equity of 13.04% and a net margin of 10.10%. The company's revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.13 EPS. Here are the key takeaways from SPS Commerce's conference call: * Core business momentum exceeded expectations: Q3 revenue reached $197.6 million, while adjusted EBITDA rose 17% to $70.9 million, expanding the margin to 36%. Excluding the divested business and Amazon take-rate effects, underlying Q4 growth is expected at 8%-9%. * SPS is accelerating its agentic AI strategy, making MAX broadly available to Fulfillment customers and developing paid MAX Agents for 2027. Management cited customer benefits including avoided chargebacks, faster invoice resolution, and potentially millions of dollars in delayed-receivables prevention. * Operating leverage and automation are improving profitability. Gross margin increased to 73%, while agent-assisted onboarding is shortening implementation timelines and is expected to provide additional margin expansion over the next 12-18 months. * Amazon policy changes affecting short shipments and dispute processes reduced Revenue Recovery yields and prompted the company to lower its outlook; management said most of the guidance impact came from these changes, with a smaller portion from customers shifting from take-rate to subscription contracts. * The company continues to see strong demand from retailer enablement programs and expects growth to increasingly come from higher average revenue per customer through additional trading connections, Analytics, Revenue Recovery, and future AI offerings. SPS also repurchased $48.8 million of its shares in Q3, deploying 84% of quarterly free cash flow. SPS Commerce stock up 0.2%. NASDAQ:SPSC traded up $0.19 on Thursday, reaching $85.78. 704,356 shares of the company's stock were exchanged, compared to its average volume of 498,120. The firm has a market capitalization of $3.09 billion, a price-to-earnings ratio of 25.63 and a beta of 0.62. SPS Commerce has a 52-week low of $49.04 and a 52-week high of $106.50. The business has a fifty day moving average of $83.31 and a 200-day moving average of $68.47. Analysts set new price targets. Several research analysts have weighed in on SPSC shares. Needham & Company LLC reaffirmed a "buy" rating and set a $100.00 target price (up from $75.00) on shares of SPS Commerce in a research note on Wednesday, August 19th. DA Davidson set a $65.00 price target on shares of SPS Commerce in a research note on Friday, July 31st. Morgan Stanley reissued an "underweight" rating and issued a $74.00 price target on shares of SPS Commerce in a research note on Monday. Zacks Research upgraded shares of SPS Commerce from a "strong sell" rating to a "hold" rating in a report on Monday, July 20th. Finally, Weiss Ratings raised shares of SPS Commerce from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $81.80. About SPS Commerce. SPS Commerce, Inc provides cloud-based supply chain management software for retailers, suppliers, distributors and logistics providers. Its platform helps businesses manage and automate transactions and workflows across complex retail and e-commerce networks. The company's solutions include electronic data interchange (EDI), order management, inventory visibility, fulfillment, invoice and payment processing, product information management, and supply chain analytics. These tools are designed to connect trading partners, reduce manual data entry, improve order accuracy and support more efficient movement of products from suppliers to consumers. Founded in 2001 and headquartered in Minneapolis, Minnesota, SPS Commerce serves businesses across retail and wholesale ecosystems in North America and other international markets. Further reading. Receive News & Ratings for SPS Commerce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPS Commerce and related companies with MarketBeat.com's FREE daily email newsletter.

SPS Commerce reported third-quarter earnings of $30.7 million, or 85 cents per share. Adjusted earnings were $1.39 per share, beating the $1.22 average estimate of five analysts surveyed by Zacks Investment Research. The Minneapolis-based supply chain software provider posted revenue of $197.6 million, slightly above the $197.3 million analysts expected. For the fourth quarter, SPS Commerce expects earnings of $1.31 to $1.36 per share and revenue of $199.3 million to $201.3 million. For the full year, it expects earnings of $5.05 to $5.11 per share and revenue of $786.9 million to $788.9 million.

Minnesota State University Moorhead receives 2026 Minnesota's Future Award. Posted September 25, 2026 Literacy Lab model expands from eight student fellows in Moorhead to teacher preparation programs across Minnesota The Minnesota Business Partnership has named Minnesota State University Moorhead's Nibbe School of Teaching and Learning the recipient of the 2026 Minnesota's Future Award, recognizing its leadership in a growing statewide effort to better prepare future teachers to teach children to read. For 20 years, the Minnesota Business Partnership has recognized schools and organizations making gains in literacy and approaches that can be replicated across Minnesota. Minnesota continues to face a significant literacy challenge, with too many of our students moving through school without the grade level reading skills they need to succeed. But it does not have to be that way. Schools across Minnesota are showing what is possible when educators use evidence-based instruction grounded in the science of reading. Monroe Elementary School, a previous Minnesota's Future Award recipient, is one example of a school that has strengthened its approach to literacy by changing how reading is taught. Literacy Labs build on that same principle by starting with future teachers. The model pairs teacher candidates with elementary students for supervised, one-on-one literacy tutoring. Candidates learn how reading acquisition occurs in their university coursework and then immediately put that knowledge into practice, using student data and structured literacy practices grounded in the science of reading to guide instruction. Minnesota State University Moorhead became the first Literacy Lab pilot site under the leadership of Dr. Erin Gillett. Eight Early Literacy Fellows worked with students in Moorhead Area Public Schools, providing structured literacy instruction grounded in the science of reading. Across two semesters, the fellows delivered 637 tutoring sessions to 59 students in kindergarten through third grade at no cost to participating schools. Students improved through the program, while teacher candidates gained practical experience assessing students, planning lessons, and delivering evidence-based reading instruction. "Our candidates learn how reading research translates into classroom instruction, and then they sit across the table from a child and put it into practice," Gillett said. "They make real instructional decisions, see the results firsthand and enter their own classrooms with experience teaching children to read." "Literacy Labs take what future teachers are learning in the classroom and give them the opportunity to prove it in practice," said Archie Black, retired CEO of SPS Commerce and co-chair of the Minnesota Business Partnership Education Committee. "Students receive individualized support, teacher candidates become stronger instructors, and we are building a model that can be replicated across Minnesota. That combination is what makes this work." The statewide Literacy Labs initiative is led by Dr. Lucy Payne and Jane McDonald Black, and both have brought the vision for Literacy Labs to Minnesota after seeing the model in practice and recognizing its potential to strengthen teacher preparation. That vision is now expanding rapidly. Following MSUM's initial pilot, additional educator preparation programs joined the work in spring 2026, including the University of Minnesota and Southwest Minnesota State University. Another group of universities will participate during the 2026-27 academic year, bringing the model to roughly one-third of Minnesota's teacher preparation programs. The work has also helped inform state policy. Gillett and Early Literacy Fellow Isaac Martin testified before the Minnesota House Education Policy Committee in support of legislation requiring teacher candidates to complete a supervised literacy field experience aligned with Minnesota's reading standards. The measure passed unanimously in both chambers and was signed into law. "Strong reading skills open the door to everything that comes next for a student," said Allison Gettings, CEO of Red Wing Shoes and co-chair of the Minnesota Business Partnership Education Committee. "If we want better outcomes for Minnesota children, we have to make sure teachers enter the classroom prepared to teach every child to read. Literacy Labs bring together higher education, schools, and the business community around that shared goal, and the progress we are seeing gives us a big reason for optimism." The $50,000 Minnesota's Future Award will support MSUM's continued work to strengthen the Literacy Lab model and expand opportunities for future teachers to gain meaningful, hands-on experience teaching children to read. About the Minnesota's Future Award The Minnesota Business Partnership established the Minnesota's Future Award to: * Highlight programs demonstrating that all students can succeed; * Celebrate the work of educators, students and families; and * Elevate successful academic strategies that can be replicated across Minnesota. The award reflects the Partnership's longstanding commitment to improving educational outcomes and preparing Minnesota students for future success.