Stamps.com Updates 2019 Outlook - Quick Facts

(RTTNews) - Stamps.com (STMP) announced, for 2019, the company now expects non-GAAP adjusted income per share to be in a range of $3.60 to $4.85; revised from previous guidance of $3.35 to $4.85. The company expects 2019 total revenue to be in a range of approximately $520 million to $560 million; revised from previous guidance of $510 million to $560 million. Analysts polled by Thomson Reuters expect the company to report profit per share of $3.96 on revenue of $526.9 million. Analysts' estimates typically exclude special items.

For the second-quarter, non-GAAP adjusted income per share was $1.25, down 54% compared to $2.75, a year ago. On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $0.96, for the quarter.

Second-quarter total revenue was $138.8 million, down 1% compared to $139.6 million, prior year. Analysts expected revenue of $128.35 million, for the quarter.

Shares of Stamps.com were up more than 16% after hours.