Shares of Stamps.com (STMP) are falling due to a mixed quarterly earnings report and a weak outlook for 2014. Lindsay Ingram Feb 14, 2014 4:54 PM EST NEW YORK (TheStreet) -- Stamps.com (STMP) - Get Stamps.com Inc. Report lost 6.9% to $35.97 Friday after posting mixed results for the fourth quarter and a weak outlook for 2014.
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Are You having issues with stamps?
Feb 18, 2021 · Shares of Stamps.com ( STMP ) fell as much as 19.5% in trading on Thursday after announcing fourth-quarter 2020 financial results. Some of those losses were clawed back late in the day, but shares ...
Is there an online shipping service for stamps?
Feb 18, 2021 · Feb 18, 2021 12:17AM EST (RTTNews) - Shares of Stamps.com (STMP) were losing around 9 percent in the extended trading on Wednesday after the provider of postage online and shipping software warned...
Do you have customer service with stampscom?
May 09, 2019 · Shares of Stamps.com (NASDAQ: STMP) were down 55.1% as of 11:30 p.m. EDT Thursday after the online mailing and shipping services company announced first-quarter 2019 ... Nio stock is down 3.4% ...
What happened to my stamps com stock?
Stamps.com will become a private company and will be delisted from the Nasdaq. The acquisition is expected to close in the third quarter of 2021 and is subject to regulatory and stockholder approval.Jul 19, 2021
Is Stamps Com a good stock to buy?
(NASDAQ:STMP) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into their best ideas.Mar 29, 2021
What happened stamp com?
EL SEGUNDO, Calif. and SAN FRANCISCO—Thoma Bravo, a leading software investment firm, and Stamps.com, a leading provider of e-commerce shipping solutions, today announced the completion of Thoma Bravo's acquisition of Stamps.com for approximately $6.6 billion in cash.Oct 5, 2021
Why did Stamps Com stock go up?
Stamps.com stock soared Friday. Shares of Stamps.com rocketed more than 60% Friday after Thoma Bravo agreed to buy the e-commerce shipping provider for $6.6 billion.Jul 9, 2021
What companies does Stamps Com own?
Stamps.com is an American company that provides Internet-based mailing and shipping services. Until its acquisition by Thoma Bravo Stamps.com was a public company traded on the NASDAQ exchange under the symbol STMP....Stamps.com.TypePrivateNumber of employees1,100Websitestamps.com12 more rows
What is the stock symbol for Stamps Com?
STMPStamps.com Inc (STMP)Oct 4, 2021
Who did Stamps Com merge with?
Thoma BravoEL SEGUNDO, Calif. and SAN FRANCISCO, Oct. 5, 2021 /PRNewswire/ -- Thoma Bravo, a leading software investment firm, and Stamps.com, a leading provider of e-commerce shipping solutions, today announced the completion of Thoma Bravo's acquisition of Stamps.com for approximately $6.6 billion in cash.Oct 5, 2021
Is Stamps Com the same as USPS?
Stamps.com is approved by the USPS® to allow customers to buy and print postage online. The company is a participant in the USPS's Information Based Indicia Program (IBIP), an initiative spearheaded by the Postal Technology Management group at the Postal Service.
Is Stamps Com a public company?
Shareholders of the online postage company popular with e-commerce store owners will receive $330 per share, representing a 67% premium from Thursday's closing price of $197.72. The deal ends a volatile history for Stamps.com as a public company.Jul 9, 2021
How much did Stamps com sell for?
about $6.6 billionStamps.com agreed to be acquired by private-equity firm Thoma Bravo in an all-cash deal that values the e-commerce shipping software company at about $6.6 billion.Jul 9, 2021
What happened
Shares of Stamps.com (NASDAQ: STMP) were down 55.1% as of 11:30 p.m. EDT Thursday after the online mailing and shipping services company announced first-quarter 2019 results and lowered its full-year outlook.
So what
Though we don't normally pay close attention to Wall Street's demands, most analysts were modeling even lower adjusted earnings of $1.07 per share on a 5.6% revenue decline.
Now what
Looking to the full year of 2019, however, Stamps.com significantly reduced its guidance to call for revenue of $510 million to $560 million (down from its old range of $540 million to $570 million), and for GAAP net income per share of $1.15 to $2.56 (down from $2.86 to $3.76 previously).
What happened
I've got good news and terrible news for Stamps.com (NASDAQ: STMP) shareholders today.
So what
In a postearnings conference call explaining why Stamps.com management felt compelled to predict a 5% decline in sales this year (versus last year) and a much more significant 63% decline in profits, Stamps.com CEO Ken McBride explained that "our revenue share partnership [with the U.S. Postal Service] has now ended."
The online postage and shipping services specialist just massively reduced its full-year guidance
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What happened
Shares of Stamps.com ( NASDAQ:STMP) were down 55.1% as of 11:30 p.m. EDT Thursday after the online mailing and shipping services company announced first-quarter 2019 results and lowered its full-year outlook.
So what
Though we don't normally pay close attention to Wall Street's demands, most analysts were modeling even lower adjusted earnings of $1.07 per share on a 5.6% revenue decline.
Now what
Looking to the full year of 2019, however, Stamps.com significantly reduced its guidance to call for revenue of $510 million to $560 million (down from its old range of $540 million to $570 million), and for GAAP net income per share of $1.15 to $2.56 (down from $2.86 to $3.76 previously).
What happened
Stamps.com (NASDAQ: STMP) investors received a harsh lesson in the perils of too-far, too-fast momentum-stock run-ups this morning, when shares fell as much as 22% even though the company delivered a massive earnings beat Thursday evening.
So what
By most financial metrics, Stamps.com didn't just "beat" estimates but crushed them. Quarterly sales gained 24% year over year. Net income exploded 142% higher, to $2.49 per share. Why, management even raised guidance.
Now what
Stamps.com is predicting it will earn between $9 and $10 per share, adjusted, by year-end. That compares favorably to the $8.05-per-share pro forma estimates being mooted by analysts on Yahoo! Finance right now. I think this sets up Stamps.com for another earnings beat in Q4.
What happened
I've got good news and terrible news for Stamps.com ( STMP ) shareholders today.
So what
In a postearnings conference call explaining why Stamps.com management felt compelled to predict a 5% decline in sales this year (versus last year) and a much more significant 63% decline in profits, Stamps.com CEO Ken McBride explained that "our revenue share partnership [with the U.S. Postal Service] has now ended."
Now what
The simple, hard truth is this: The exclusive relationship with the USPS, which permitted Stamps.com to grow by leaps and bounds in years past, can no longer be depended upon to power that growth in the future. Stamps.com may have widened its potential market, but it's blurred its future prospects.