-=Stamps.com (STMP) reported earnings on Wed 19 Feb 20 (a/h)

• The company said it earned $2.12 a share in the fourth quarter, while Wall Street expected $1.03, and forecast $4.50 a share in 2020, above the Street’s $3.24.

Stamps.com beats by $1.14, beats on revs; guides FY20 EPS above consensus, revs above consensus

Reports Q4 (Dec) earnings of $2.12 per share, excluding non-recurring items, $1.14 better than the S&P Capital IQ Consensus of $0.98; revenues fell 5.5% year/year to $160.9 mln vs the $140.31 mln S&P Capital IQ Consensus.

"In 2019, we continued to make significant strides towards our goal of being the leading worldwide multi-carrier e-commerce software company. We continued to invest in our products and partnerships throughout 2019 to address the significant opportunities in the U.S. and internationally. We are very excited about our business prospects in 2020 and beyond," said Ken McBride, Stamps.com's Chairman and CEO.

Co issues upside guidance for FY20, sees EPS of ~$4.00-5.00, excluding non-recurring items, vs. $3.31 S&P Capital IQ Consensus; sees FY20 revs of $570-600 mln vs. $521.28 mln S&P Capital IQ Consensus. Expects non-GAAP adjusted EBITDA to be in a range of approximately $135 million to $155 million.