23.02.2017 23:24:10

Stamps.com Inc. Q4 Income Rises 75%

(RTTNews) - Stamps.com Inc. (STMP) announced earnings for its fourth quarter that rose from last year.

The company said its bottom line came in at $49.22 million, or $2.73 per share. This was up from $28.14 million, or $1.57 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.36 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 51.5% to $105.90 million. This was up from $69.88 million last year.

Stamps.com Inc. earnings at a glance:

-Earnings (Q4): $49.22 Mln. vs. $28.14 Mln. last year. -Earnings Growth (Y-o-Y): 74.9% -EPS (Q4): $2.73 vs. $1.57 last year. -EPS Growth (Y-o-Y): 73.9% -Analysts Estimate: $2.36 -Revenue (Q4): $105.90 Mln vs. $69.88 Mln last year. -Revenue Change (Y-o-Y): 51.5%

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