September 28, 2016 4:18 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

331 Employees

Phone:

518-810-0700

Key Executives for CommerceHub, Inc.

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

CommerceHub, Inc. Key Developments

CommerceHub, Inc.(NasdaqGM:CHUB.A) added to S&P TMI Index

CommerceHub, Inc.(NasdaqGM:CHUB.A) added to S&P TMI Index

CommerceHub, Inc.(NasdaqGM:CHUB.K) added to S&P TMI Index

CommerceHub, Inc.(NasdaqGM:CHUB.K) added to S&P TMI Index

CommerceHub, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

CommerceHub, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, revenue was $23,103,000 against $19,857,000 a year ago. Operating income was $7,280,000 against loss of $1,824,000 a year ago. Pre-tax income was $7,343,000 against loss of $1,685,000 a year ago. Net income was $4,424,000 against loss of $1,060,000 a year ago. Pro forma earnings per basic and diluted share were $0.10 against loss of $0.02 a year ago. Net cash used in operating activities was $73,337,000 against cash provided by operating activities of $8,001,000 a year ago. Purchases of property and equipment were $1,845,000 against $677,000 a year ago. Additions to capitalized software were $1,321,000 against $1,187,000 a year ago. Adjusted EBITDA was $6,342,000 against $8,299,000 a year ago. Adjusted net income was $2,582,000 against $4,172,000 a year ago. Adjusted earnings per share were $0.06 against $0.10 a year ago. For six months, revenue was $45,193,000 against $38,648,000 a year ago. Operating income was $4,254,000 against loss of $3,887,000 a year ago. Pre-tax income was $4,483,000 against loss of $3,611,000 a year ago. Net income was $2,434,000 against loss of $2,485,000 a year ago. Pro forma earnings per basic and diluted share were $0.06 against loss of $0.06 a year ago. Net cash used in operating activities was $65,265,000 against cash provided by operating activities of $12,030,000 a year ago. Purchases of property and equipment were $4,136,000 against $2,472,000 a year ago. Additions to capitalized software were $3,504,000 against $2,286,000 a year ago. Adjusted EBITDA was $15,676,000 against $16,654,000 a year ago. Adjusted net income was $7,151,000 against $8,449,000 a year ago. Adjusted earnings per share were $0.17 against $0.20 a year ago.

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