Last Wednesday, ChannelAdvisor (ECOM) reported their first quarterly earnings results since becoming a publicly traded company. After seeing their share price slide following their IPO, the earnings call provided a much-needed catalyst to send its shares soaring higher.
ChannelAdvisor is a provider of software-as-a-service ("SaaS") solutions that allow retailers and manufacturers to optimize their sales across numerous online channels. For those unfamiliar with ECOM and their business model, please see my previous article: ChannelAdvisor IPO: A Compelling Cloud-Computing Growth Story In The Global E-Commerce Market
Opening the call, CEO and Chairman Scot Wingo took a moment to clear ...
Only subscribers can access this article, which is part of the PRO research library covering 3,808 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: