Key Developments For Stamps.com Inc.
Stamps.com Inc. (STMP.O) (Nasdaq)
Stamps.com Reaffirms FY 2009 Guidance
Stamps.com announced that for fiscal 2009, it expects revenue to be $80-$90 million, GAAP net income per share (EPS) to be $0.20-$0.40, including approximately $3 million of 2009 FASB Statement 123R stock-based compensation expense, a $0.4 million asset write-off, and $0.5 to $1.0 million of expected taxes resulting from the temporary suspension of the Company's ability to utilize its net operating losses for California income tax purposes. Excluding the FASB Statement 123R expenses, asset write-off and the additional California income taxes, non-GAAP fiscal 2009 net income per fully diluted share is expected to be $0.40-$0.60. According to Reuters Estimates, analysts were expecting the Company to report revenues of $82 million and GAAP EPS of $0.28 for the same period.
Stamps.com Announces Integration With Auctane Shipping Management Software
Stamps.com announced that its PC Postage Version 8.5 has been integrated into the Auctane Shipping Manager software solution for eBay Selling Manager users. This compatibility extends Auctane's shipping management capabilities to allow the user to print all classes of USPS postage, validate delivery addresses and receive postage discounts, all without leaving eBay.com. Users can also access special services such as free delivery confirmation and online postage refunds.
Stamps.com Announces Integration With Webgility Ecommerce Order Management Software
Stamps.com announced that its PC Postage Version 8.0 has been fully integrated into Webgility's eCommerceConnector (eCC) software solution. This partnership provides users of Webgility's software with advanced package shipping management capabilities to enhance their feature set of web order fulfillment, QuickBooks integration and inventory management tools.
Stamps.com Issues FY 2009 Outlook In Line With Analysts' Estimates
Stamps.com announced that for fiscal 2009, it currently expects total revenue to be $80-$90 million, GAAP net income per share (EPS) is expected to be $0.20-$0.40, including approximately $3 million of 2009 FASB Statement 123R stock-based compensation expense, $0.4M asset write-off and $0.5 to $1.0 million of expected taxes resulting from the temporary suspension of the Company's ability to utilize its net operating losses for California income tax purposes. Excluding the FASB Statement 123R expenses, asset write-off and the additional California income taxes, non-GAAP EPS is expected to be $0.40-$0.60. According to Reuters Estimates, analysts were expecting the Company to report revenues of $82 million and GAAP EPS of $0.28 for the same period.
Stamps.com And TrueShip Partner To Offer Ecommerce Shipping Solution
Stamps.com and TrueShip announced that Stamps.com's PC Postagewill be integrated into every download of TrueShip's ReadyShipper. The integration enables printing of USPS shipping labels for both domestic and international destinations via the Stamps.com API. Users do not need to go outside of ReadyShipper to buy postage, validate addresses, print shipping labels, or void orders.
