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SPS Commerce Inc (SPSC) Q4 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ...

SPS Commerce Inc (SPSC) reports an 18% increase in Q4 revenue, with strategic acquisitions and a robust financial position setting the stage for continued growth in 2025.

In This Article: Release Date: February 10, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript . Positive Points Negative Points Q & A Highlights Q : Can you elaborate on the new Total Addressable Market (TAM) analysis and the significant increase in wallet share? A : Chadwick Collins, CEO, explained that the TAM analysis involved extensive work with a strategy consulting firm to identify applicable industries and potential customers. The analysis revealed a larger potential customer base and a significant increase in wallet share.

This was validated by existing customers exceeding target wallet share, indicating potential for growth..