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SPS Commerce Acquires SaaS Platform Traverse Systems For Approximately $25M In Cash And $4.3M In Its Stock

Author: Benzinga Newsdesk | May 09, 2024 07:56am

For the second quarter of 2024, SPS Commerce anticipates the acquisition will add approximately $600,000 in revenue and expects Adjusted EBITDA to be negatively impacted by approximately $200,000.

For fiscal year 2024, the company expects the acquisition will add approximately $2.9 million in revenue and breakeven in Adjusted EBITDA.

For fiscal year 2025, the company expects the acquisition will add approximately $5 million in revenue and approximately $1.5 million in Adjusted EBITDA.

 

Posted In: SPSC


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