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PFSweb: 2Q Earnings Snapshot

August 9, 2018

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PFSW at https://www.zacks.com/ap/PFSW

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