Last $9.56 USD
Change Today -0.40 / -4.02%
Volume 301.2K
As of 8:04 PM 01/27/15 All times are local (Market data is delayed by at least 15 minutes).

channeladvisor corp (ECOM) Snapshot

Open
$9.73
Previous Close
$9.96
Day High
$9.81
Day Low
$9.47
52 Week High
03/6/14 - $49.90
52 Week Low
01/22/15 - $8.90
Market Cap
237.9M
Average Volume 10 Days
1.9M
EPS TTM
$-1.43
Shares Outstanding
24.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CHANNELADVISOR CORP (ECOM)

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channeladvisor corp (ECOM) Details

ChannelAdvisor Corporation provides software-as-a-service (SaaS) solutions worldwide. The company’s solutions allow its customers to integrate, manage, monitor, and optimize their merchandise sales in various online channels. It offers its software suite in various modules, including Marketplaces that connects customers to third-party marketplaces; Comparison Shopping, which connects customers to compare shopping Websites; Paid Search to advertise products on search engines; Social Campaigns for publishing customized promotional campaigns on Facebook; Flex Feeds to generate and send customized product data feeds to affiliate networks, retargeting vendors, personalization vendors, and product review platforms; Webstores Amplifier that allows customers to connect their product data to a Webstore platform; and Rich Media, which provides enhanced media asset management, image zoom, color swatching, and video capabilities. The company sells its SaaS solutions to traditional retailers, online retailers, and brand manufacturers, as well as advertising agencies. ChannelAdvisor Corporation was founded in 2001 and is headquartered in Morrisville, North Carolina.

688 Employees
Last Reported Date: 11/6/14
Founded in 2001

channeladvisor corp (ECOM) Top Compensated Officers

Co-Founder, Chairman and Chief Executive Offi...
Total Annual Compensation: $125.0K
President and Chief Operating Officer
Total Annual Compensation: $300.0K
Co-Founder, Chief Technology Officer and Dire...
Total Annual Compensation: $125.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $275.0K
Compensation as of Fiscal Year 2013.

channeladvisor corp (ECOM) Key Developments

Rigrodsky & Long, P.A. Announces Securities Fraud Class Action Lawsuit against ChannelAdvisor Corporation

Rigrodsky & Long, P.A. announced that a complaint has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities that purchased the common stock of ChannelAdvisor Corporation between November 6, 2014 and January 12, 2015, inclusive (the Class Period), alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its officers. The complaint alleges that throughout the class period, the company made materially false and misleading statements, and omitted materially adverse facts, about the company's business, operations and prospects. Specifically, the complaint alleges that the company concealed from the investing public that: (1) ChannelAdvisors' shift in customer base away from smaller clients to larger clients posed a risk to the company's financial performance as it impacts the revenue generated from its variable subscriptions; and (2) larger clients were given a discount in the percentage of gross merchandise value (GMV) that goes to ChannelAdvisor for variable subscription, which results in lower revenue for the company. As a result of company's alleged false and misleading statements, the company's stock traded at artificially inflated prices during the Class Period. According to the complaint, on January 12, 2015, the company issued a press release which lowered its revenue guidance for the fourth quarter of 2014. On this news, shares in ChannelAdvisor plummeted over 53%, closing at $9.83 per share on January 13, 2015, on extraordinarily high trading volume.

ChannelAdvisor Provides Earnings Guidance for the Fourth Quarter and Full Year of 2014

ChannelAdvisor provided earnings guidance for the fourth quarter and full year of 2014. For the quarter, the company anticipates that its revenue will be approximately $23.7 million, an increase of approximately 16% over the prior year. Reflecting the shift away from variables subscription revenue, fixed subscription revenue increased approximately 27% from the fourth quarter of 2013 to 2014, while variables subscription revenues declined by approximately 5%. For the year, the company expects revenue to be approximately $84.8 million, growth of approximately 25% year-on-year. As the company had not yet completed its financial close, they are unable to provide updated adjusted EBITDA guidance. The company expects the revenue shortfall will cause its adjusted EBITDA to fall below the level to which they had previously guided, although expenses that were lower than anticipated should partially mitigate the impact of the lower revenues.

ChannelAdvisor Corporation, Q4 2014 Guidance/Update Call, Jan 12, 2015

ChannelAdvisor Corporation, Q4 2014 Guidance/Update Call, Jan 12, 2015

 

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Price/Sales 3.0x
Price/Book 2.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 2.0x
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