MORRISVILLE, N.C. (AP) _ ChannelAdvisor Corp. (ECOM) on Friday reported first-quarter earnings of $1.8 million.
On a per-share basis, the Morrisville, North Carolina-based company said it had net income of 6 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 17 cents per share.
The provider of cloud-based e-commerce services posted revenue of $42.3 million in the period.
For the current quarter ending in July, ChannelAdvisor said it expects revenue in the range of $42.5 million to $43 million.
The company expects full-year revenue in the range of $177 million to $180 million.
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