DA Davidson Downgrades ChannelAdvisor to Neutral
$ECOM
Computer Software: Prepackaged Software
Technology
DA Davidson analyst Tom Forte downgrades ChannelAdvisor (NYSE:ECOM) from Buy to Neutral.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/20/2021 | $31.00 → $35.00 | Buy | Needham |
Needham reiterated coverage of ChannelAdvisor with a rating of Buy and set a new price target of $35.00 from $31.00 previously
B. Riley reiterated coverage of ChannelAdvisor with a rating of and set a new price target of $30.00 from $24.50 previously
4 - CHANNELADVISOR CORP (0001169652) (Issuer)
4 - CHANNELADVISOR CORP (0001169652) (Issuer)
4 - CHANNELADVISOR CORP (0001169652) (Issuer)
15-12G - CHANNELADVISOR CORP (0001169652) (Filer)
S-8 POS - CHANNELADVISOR CORP (0001169652) (Filer)
S-8 POS - CHANNELADVISOR CORP (0001169652) (Filer)
SC 13D/A - CHANNELADVISOR CORP (0001169652) (Subject)
SC 13D/A - CHANNELADVISOR CORP (0001169652) (Subject)
SC 13D - CHANNELADVISOR CORP (0001169652) (Subject)
RESEARCH TRIANGLE PARK, N.C., Nov. 07, 2022 (GLOBE NEWSWIRE) -- ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today reported financial results for the quarter and nine months ended September 30, 2022. Third Quarter 2022 Highlights GAAP Total revenue was $43.5 million, which was within the guidance range announced in August 2022. However, revenue was negatively impacted by foreign currency exchange rate fluctuations during the quarter and year to date. If exchange rates had remained the same as were in effect for the previous quarter, which was the basis for the August guidance, to
Brands revenue increased 20% year-over-year Brands subscription revenue increased 27% year-over-year Adjusted EBITDA exceeds guidance Repurchased $25 million of common stock RESEARCH TRIANGLE PARK, N.C., Aug. 09, 2022 (GLOBE NEWSWIRE) -- ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today reported financial results for the quarter and six months ended June 30, 2022. Second Quarter 2022 HighlightsGAAP Total revenue of $42.8 million was above the midpoint of the guidance rangeSubscription revenue increased 13% year-over-year, or 16% excluding the unfavorable impact from year-over
RESEARCH TRIANGLE PARK, N.C., July 19, 2022 (GLOBE NEWSWIRE) -- ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today announced it will release its second quarter 2022 financial results for the period ending June 30, 2022 before 8:00 a.m. ET on Tuesday, August 9, 2022. On that day, management will hold a conference call and webcast at 8:00 a.m. ET to review and discuss the results for the period. A recorded version of this webcast will be available after the call and accessible at http://ir.channeladvisor.com. What:ChannelAdvisor Second Quarter 2022 Financial Results Conference Call
RESEARCH TRIANGLE PARK, N.C., Aug. 1, 2022 /PRNewswire/ -- ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today announced the appointment of Darren Fifield as Managing Director, APAC. Fifield will lead regional business strategy development, cultivate successful and valuable relationships with longstanding clients and expand customer acquisition and growth. Fifield has more than 30 years of experience managing sales teams and customer accounts, including more than 15 year
RESEARCH TRIANGLE PARK, N.C., Oct. 06, 2021 (GLOBE NEWSWIRE) -- ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions, today announced that it has appointed Himanshu Palsule to the company's board of directors effective October 4, 2021. As President at Epicor Software, and former Chief Technology Officer and Head of Strategy at Sage Software, Mr. Palsule brings over three decades of technology leadership experience to ChannelAdvisor. "As a business leader who has transformed Epicor to a modern portfolio of fast-growing SaaS industry solutions, Himanshu has the expertise and experience to make a significant contribution to our Board," said Timothy
RESEARCH TRIANGLE PARK, N.C., March 30, 2021 /PRNewswire/ -- ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today announced that it has appointed Linda Crawford to the company's board of directors effective April 1, 2021. As a former executive vice president and CEO of Sales Cloud Products at Salesforce.com, former CEO of Helpshift, and former chief revenue officer and customer officer of Optimizely, Ms. Crawford brings over two decades of leadership experience to ChannelAdvisor. "As a recognized and respected business leader in the software industry, Linda will provide valuable str
ChannelAdvisor (NYSE:ECOM) brought in sales totaling $43.49 million during Q3 according to data provided by Benzinga Pro. However, earnings decreased 105.39%, resulting in a loss of $99 thousand. In Q2, ChannelAdvisor earned $1.84 million and total sales reached $42.80 million. What Is ROIC? Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a company's ROIC. A higher ROIC is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or negative ROIC suggests the opposite. In Q3, ChannelAdvisor posted an ROIC of 1.01%. Kee
ChannelAdvisor (NYSE:ECOM) reported quarterly sales of $43.49 million which missed the analyst consensus estimate of $43.57 million by 0.18 percent. This is a 4.61 percent increase over sales of $41.58 million the same period last year.
LAS VEGAS, NV, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Auto Parts 4Less Group, Inc. (OTCQB:FLES) ("Company", "FLES") owner of AutoParts4Less.com, an automotive parts only marketplace, today announced they have completed their technical integration with ChannelAdvisor (NYSE:ECOM), a leading provider of cloud-based eCommerce solutions. ChannelAdvisor provides automotive parts sellers with an industry-leading solution to manage product data across multiple marketplaces. Their solution helps: Eliminate the tedious process of uploading descriptions and requirements of automotive parts inventories to multiple marketplaces. Update inventories on a marketplace to avoid overselling. Manage large onli
RESEARCH TRIANGLE PARK, N.C., Nov. 07, 2022 (GLOBE NEWSWIRE) -- ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today reported financial results for the quarter and nine months ended September 30, 2022. Third Quarter 2022 Highlights GAAP Total revenue was $43.5 million, which was within the guidance range announced in August 2022. However, revenue was negatively impacted by foreign currency exchange rate fluctuations during the quarter and year to date. If exchange rates had remained the same as were in effect for the previous quarter, which was the basis for the August guidance, to
Latest Integrations Allow Brands to Engage with Customers Across More than 360 Selling and Marketing Channels Research Triangle Park, N.C., Oct. 18, 2022 /PRNewswire/ -- ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today announced new integrations and platform capabilities to help sellers accelerate their time to market and meet new sources of consumer demand. With these new channel integrations, ChannelAdvisor now supports over 360 marketplaces and retail sites globally, enabling brands and retailers to reach new audiences while expanding their selling footprint.
LAS VEGAS, NV, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Auto Parts 4Less Group, Inc. (OTCQB:FLES) ("Company", "FLES") owner of AutoParts4Less.com, an automotive parts only marketplace, today announced they have completed their technical integration with ChannelAdvisor (NYSE:ECOM), a leading provider of cloud-based eCommerce solutions. ChannelAdvisor provides automotive parts sellers with an industry-leading solution to manage product data across multiple marketplaces. Their solution helps: Eliminate the tedious process of uploading descriptions and requirements of automotive parts inventories to multiple marketplaces.Update inventories on a marketplace to avoid overselling.Manage large online p