Business Outlook

Based on information available as of today, August 7, 2013, ChannelAdvisor is issuing the following guidance for the third quarter and full year of 2013:

Third quarter 2013
  • Revenue between $15.7 million and $16.0 million.
  • GAAP net loss of $(0.32) per share to $(0.29) per share, based on approximately 22.0 million weighted average shares outstanding.
  • Non-GAAP net loss of $(0.29) per share to $(0.26) per share, based on approximately 22.0 million weighted average shares outstanding.
  • Adjusted EBITDA loss between $(4.6) million and $(4.0) million.

Full Year 2013
  • Revenue between $66.1 million and $66.7 million.
  • GAAP net loss of $(1.54) per share to $(1.40) per share, based on approximately 14.0 million weighted average shares outstanding.
  • Non-GAAP net loss of $(1.00) per share to $(0.89) per share, based on 19.0 million weighted average shares outstanding.
  • Adjusted EBITDA loss between $(11.9) million and $(9.9) million.

Adjusted EBITDA and non-GAAP net loss guidance exclude stock-based compensation expense of between $0.6 million and $0.7 million for the third quarter 2013 and between $2.1 million and $2.6 million for the full year 2013. The weighted average shares outstanding used to calculate non-GAAP net loss per share for the twelve months ending December 31, 2013 gives effect to the conversion of preferred stock at the beginning of the period.
 

Conference Call Information
What:                 ChannelAdvisor second quarter 2013 financial results conference call
When: Wednesday, August 7, 2013
Time: 4:30 p.m. ET
Live Call: (866) 953-6860, passcode 34908369, domestic
(617) 399-3484, passcode 34908369, international
Replay: (888) 286-8010, passcode 73116017, domestic
(617) 801-6888, passcode 73116017, international
Webcast:

http://ir.channeladvisor.com (live and replay)
 

The replay will be available until August 21, 2013.

If you liked this article you might like

Latest E-Commerce Figures Are Good News for Google and eBay, but Mixed for Amazon

Insider Trading Alert - ECOM, FHCO And KOP Traded By Insiders

Oracle Giving Investors More of What They Want to See

Cvent Takeout Shines Spotlight on Cloud Software Providers

Insider Trading Alert - DK, EXA And ECOM Traded By Insiders