MYSTERIOUS: Channeladvisor org | Mind Blowing Facts

According to Benzinga Pro, during Q1, ChannelAdvisor (NYSE:ECOM) earned $1.82 million, a 94.58% increase from the preceding quarter. ChannelAdvisor's sales decreased to $42.30 million, a 6.93% change since Q4.

 

ChannelAdvisor Corp (NYSE:ECOM) reported first-quarter FY22 revenue growth of 8% year-on-year to $42.3 million, marginally beating the consensus of $42.1 million. Subscription revenue increased 17% Y/Y. Brands' revenue climbed 32%, and Brands subscription revenue grew 36%. The non-GAAP gross margin contracted 330 bps to 75.8%. The adjusted EBITDA margin contracted 400 bps to 19%. ChannelAdvisor…

  ChannelAdvisor (NYSE:ECOM) reported its Q1 earnings results on Friday, May 6, 2022 at 06:45 AM. Here's what investors need to know about the announcement.