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Commerce.com Q3 revenue beats estimates on EMEA growth; CFO to leave

By Reuters News


Overview

  • US open commerce platform's Q3 revenue fell 2% yr/yr but beat analyst expectations

  • Adjusted EPS for Q3 beat analyst expectations

  • Company announced CFO and COO transition, with Tyler Duncan named interim CFO


Outlook

  • Commerce.com sees Q4 revenue between $83.4 mln and $86.4 mln

  • Company expects Q4 non-GAAP operating income between $6.8 mln and $8.8 mln

  • Commerce.com forecasts 2026 revenue between $339.0 mln and $342.0 mln


Result Drivers

  • STRATEGIC OPERATING PLAN - Co said its September plan is driving greater efficiency and profitability while maintaining investment in high-impact growth areas

  • GEOGRAPHIC PERFORMANCE - Co reported 3% revenue decline in US, 7% growth in EMEA, and 9% decline in APAC

  • PRODUCT LAUNCHES - Co highlighted new AI-driven product enrichment capabilities and a partnership with Cloudflare to enable agent-powered shopping experiences


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Beat

$84.20 mln

$83.35 mln (6 Analysts)

Q3 Adjusted EPS

Beat

$0.08

$0.04 (6 Analysts)


Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the software peer group is "buy."

  • Wall Street's median 12-month price target for Commerce.com, Inc. is $3.75, about 8.7% above its November 4 closing price of $3.45

  • The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago


Reuters Recommended Reads

  • Nov 4 - ZoomInfo Q3 revenue falls 3%

  • Nov 4 - HubSpot Q3 revenue beats estimates driven by subscription growth

  • Nov 3 - UK's Clarivate Q3 revenue falls 9%, misses estimates


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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