SPSC share crash over 30% as revenue outlook disappoint
SPS Commerce (SPSC) stock crashed over 32% in premarket trade, its worst on record, after the retail software firm missed Q3 revenue estimates and cut its 2025 outlook. The company now expects $751.6 million to $753.6 million in revenue, down from $759 million to $763 million prior. CEO Chad Collins cited global trade and economic uncertainty for weaker demand outlook.