Reported 2 days ago
In its latest investor letter, Conestoga Capital Advisors analyzed SPS Commerce, Inc. (NASDAQ:SPSC), which provides cloud-based supply chain management solutions. Despite a 1.74% one-month return, the stock has seen a significant 43.44% decline in the last year. While second quarter results surpassed expectations with a 22% revenue growth, investors are cautious due to mixed guidance on future growth and margins. The company remains off the radar for many hedge funds, but may still present a valuable investment opportunity.
Source: YAHOO