PFSweb: 2Q Earnings Snapshot
ALLEN, Texas (AP) _ PFSweb Inc. (PFSW) on Thursday reported a loss of $626,000 in its second quarter.
The Allen, Texas-based company said it had a loss of 3 cents per share. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, were 9 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The operator of internet retail websites posted revenue of $77.1 million in the period.
PFSweb shares have climbed 28 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.51, a rise of 23 percent in the last 12 months.