Ecommerce services provider ChannelAdvisor beats Street, forecasts more growth
by Staff, wire reports — May 6, 2021 . MORRISVILLE – Ecommerce services provider ChannelAdvisor Corp. (ECOM) continues to cash in on the growing trend toward online shopping driven by the COVIDA-19 pandemic over the past yeart. The company reported Thursday morning a first-quarter net income of $5.5 million. It also reported net income of 18 cents per share. Earnings, adjusted for one-time gains and costs, were 24 cents per share. The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 17 cents per s...