March 01, 2017 3:59 PM ET

Internet Software and Services

Company Overview of CommerceHub, Inc.

Company Overview

CommerceHub, Inc. provides cloud-based technologies and services that assist retailers and brands to expand product assortment, promoting and selling products on the channels that perform, and enabling on-time customer delivery. Its products include DemandStream, a cloud software that connects brands, distributors, retailers, marketplace providers, and digital advertising channels, providing control over product content, catalog data syndication, marketplace selling, and digital product advertising through a single platform; and OrderStream, a cloud software, which connects brands, distributors, retailers, and marketplace providers, providing control over the order and fulfillment workflow t...

ZEN Building

201 Fuller Road

6th Floor

Albany, NY 12203

United States

Founded in 1997

Phone:

518-810-0700

Key Executives for CommerceHub, Inc.

Founder, Chief Executive Officer, President and Director
Age: 49
Total Annual Compensation: $369.0K
Compensation as of Fiscal Year 2015.

CommerceHub, Inc. Key Developments

CommerceHub, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016

CommerceHub, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. Revenue was $32.9 million, a 12% year-over-year increase from $29.3 million in 2015. Revenue grew 17% for the core drop-ship business, which excludes customers acquired through the Mercent acquisition. Net income was $6.0 million, or $0.13 per diluted share, compared to a net loss of $1.4 million, or a net loss of $0.03 per basic and diluted share, in 2015. Adjusted net income was $8.7 million, or $0.20 per diluted share, in 2016, compared to $10.0 million, or $0.23 per diluted share, in 2015. Adjusted EBITDA was $16.8 million, compared to $18.1 million in 2015. Net cash provided by operating activities was $4.3 million, compared to $5.2 million in 2015. Free cash flow was $3.3 million, compared to $2.6 million in 2015. Operating income was $11.91 million against loss of $1.8 million a year ago. Pre-tax income was $11.503 million against loss of $1.6 million a year ago. Purchases of property and equipment were $482,000 against $603,000 a year ago. Additions to capitalized software were $582,000 against $2,049,000 a year ago. Revenue was $100.6 million in 2016, a 15% year-over-year increase from $87.6 million in 2015. Revenue for the core drop-ship business grew 18%. Net income was $9.1 million, or $0.21 per basic and diluted share, in 2016, compared to a net loss of $4.5 million, or a net loss of $0.10 per basic and diluted share, in 2015. Adjusted net income was $17.6 million or $0.40 per diluted share in 2016, compared to $22.5 million, or $0.53 per diluted share, in 2015. Adjusted EBITDA was $37.8 million in 2016, compared to $43.0 million in 2015. Operating income was $16.7 million against loss of $6.95 million a year ago. Pre-tax income was $16.3 million against loss of $6.35 million a year ago. Net cash used in operating activities was $48.122 million, compared to net cash provided by operating activities of $24.534 million in 2015. Purchases of property and equipment were $4,995,000 against $4,158,000 a year ago. Additions to capitalized software were $4,545,000 against $6,484,000 a year ago.

CommerceHub, Inc. Presents at Pacific Crest Securities 12th Annual Emerging Technology Summit, Mar-01-2017 09:30 AM

CommerceHub, Inc. Presents at Pacific Crest Securities 12th Annual Emerging Technology Summit, Mar-01-2017 09:30 AM. Venue: Park Central San Francisco, 50 Third Street, San Francisco, CA 94103, United States. Speakers: Mark T. Greenquist, Chief Financial Officer and Treasurer.

CommerceHub, Inc., Q4 2016 Earnings Call, Feb 15, 2017

CommerceHub, Inc., Q4 2016 Earnings Call, Feb 15, 2017

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