SPS Commerce (SPSC) reported third-quarter revenue of $197.6 million, up 4%, while adjusted EBITDA rose 17% to $70.9 million, a 36% margin above its long-term target. Amazon policy changes and the June 30 divestiture of the Revenue Recovery business reduced reported revenue growth by 500 basis points, prompting management to lower its outlook, though underlying growth remains in the high-single-digit range. The company highlighted rising adoption of its AI-powered MAX tools and expects advanced agent capabilities to become monetizable in 2027. It also repurchased $48.8 million of shares during the quarter.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
earningssoftwareshare buybacks
Open a keyword to see other news on the same topic.
Related news
- SS&C Technologies (SSNC) Q3 2026 Earnings Call Transcript
SS&C Technologies (SSNC) reported third-quarter adjusted revenue of $1.691 billion, up 7.8%, and adjusted diluted EPS of $1.78, up 14.8%. Adjusted EBITDA reached a record $674.8 million, up 9%, with a margin of 39.9%. The company updated its full-year guidance to revenue of $6.736 billion to $6.776 billion and adjusted diluted EPS of $7.11 to $7.17. In the quarter it repurchased 1.9 million shares and returned $225.3 million to shareholders, and management said it is refinancing $2 billion of notes due next year. The net leverage ratio was 2.63x.
- SS & C Technologies ( SSNC ) Q3 2026 Earnings Call Transcript
SS&C Technologies reported third-quarter adjusted revenue of $1.691 billion, up 7.8%, and adjusted diluted EPS of $1.78, up 14.8%, driven by its core financial services segments and acquisitions. Adjusted EBITDA reached a record $674.8 million, up 9%, with the margin at 39.9%. Management updated full-year 2026 guidance to revenue of $6.736 billion to $6.776 billion and adjusted diluted EPS of $7.11 to $7.17. In the quarter, the company repurchased 1.9 million shares and returned $225.3 million to shareholders through buybacks and dividends. Management also said it is refinancing $2 billion of notes due next year and highlighted agentic AI integration into client workflows.
- The Market is Misinformed About Adobe’s AI Risks and Blind to Its Margins
The author argues the market misreads Adobe's AI risk: concerns about AI have pushed the stock down 24.62% year to date to $263.82, while the company's financials show it benefiting from AI. AI-first ending ARR topped $650 million, up more than 150% year over year, monthly active users passed 1 billion, and total ARR reached $27.5 billion, up 11.2%. Third-quarter revenue rose 12.89% to $6.76B and free cash flow grew 14.68% to $2.438B, with management targeting a full-year non-GAAP operating margin of about 45%. Adobe raised fiscal 2026 non-GAAP EPS guidance to $24.45–$24.50 and retired roughly 8.1M, 8.5M and 9.5M shares across the first three quarters, with $24.55 billion still authorized. The author flags risks including RPO growth of only 8% and a CEO change, as Anil Chakravarthy takes over from Shantanu Narayen, who led the company for 29 years, on December 1.
- This Cybersecurity Stock Just Had Its Worst Day in Years. Is It a Buying Opportunity?
Fortinet's third-quarter results beat expectations: revenue rose 20% year over year to $2.08 billion, and adjusted EPS of $0.91 topped the $0.86 analysts expected. The company raised its full-year billings guidance for the third time this year and added $1.2 billion to its buyback authorization. Yet the stock fell about 25% after the report, as services revenue grew only about 13% to $1.31 billion while product revenue jumped 37%, and the full-year services forecast was cut to $5.15–5.17 billion. CFO Christiane Ohlgart called the shortfall a timing issue, as several large deals include services that start later, and said services should grow faster in 2027. The article notes deferred revenue rose to $7.93 billion from $7.12 billion at the end of 2025, which offers some evidence for that view, though it may take a few quarters to confirm. Free cash flow was $865 million.
- Why FTAI Aviation Stock Popped on Thursday
FTAI Aviation (FTAI) shares rose 14.61% after the aircraft leasing company reported third-quarter results, with revenue of $977.7 million, up 46.6% year over year, and profit of $150.6 million, up 28%. EPS rose 30% to $1.43, a pleasant surprise for investors who had sold the stock this year, though the shares are still down 10% over the past year. FTAI doubled its buyback authorization to $1 billion, which could retire more than 6% of shares outstanding if fully executed. The author is skeptical, noting the company had about $386 million on its balance sheet against more than $3.45 billion of long-term debt and burned nearly $516 million in negative free cash flow in the first half, per S&P Global, so buybacks would likely require more borrowing.
- Shell Profit Leans on Record Refining Margins: Rapid Earnings Reaction
Shell's third-quarter income attributable to shareholders was $12.1 billion, and adjusted earnings rose to $10.8 billion from $9.8 billion in Q2, lifting shares about 3%. The gain came almost entirely from Chemicals & Products, where refining margins hit a record, while other segments were about flat. Products earned $3.8 billion in adjusted earnings even as refineries processed less crude than in Q2, and Upstream fell on lower oil and liquids prices and higher well write-offs. Shell also announced a $5 billion buyback for the next three months, and the article warns that margins this high rarely last and that a non-cash fourth-quarter loss of about $6.4 billion is expected from a Netherlands defined benefit plan.
Related markets
Latest news
- Paying the price for relying on the West, US allies accelerate dialogue with Iran
Saudi Arabia held its first direct talks with Iran as Defence Minister Prince Khalid bin Salman visited Tehran on 26 October with officials from Pakistan and Turkey, and both sides agreed to keep dialogue going. Observers welcomed the move but doubted it could prevent further Iranian strikes if the conflict with the US resumes. Ali Alfoneh said these countries were “unable” to stop Israel and the US from attacking Iran after the US midterm elections, while Tehran has reason to signal fierce retaliation against Gulf energy infrastructure. Qatar and Oman called for a security framework built through negotiation, including a non-aggression pact, and Omani Foreign Minister Badr Al-Busaidi said Gulf states are paying a long-term political price for relying on the West. Barbara Slavin expects the US to restructure its base system in GCC countries but not fully withdraw.
- USD 5.6 billion leaves Binance wallets within minutes: World's largest crypto exchange suspected of hack, possibly the biggest theft in history
Shortly after midnight on October 30 (Vietnam time), billions of dollars in digital assets moved from Binance's hot wallets to unknown addresses, with on-chain estimates exceeding USD 5.6 billion, though figures vary widely between sources and no official confirmation has been issued. Etherscan data show the attacker exploited EIP-7702, an Ethereum feature that lets a regular wallet delegate control to a smart contract, to drain the Binance 14 wallet, and the source of the authorizing signature remains unclear. Binance said user funds are safe, temporarily suspended withdrawals on several networks and is investigating. Tether, Circle and Ripple froze funds, and Binance confirmed a verified total of USD 2.54 billion frozen, though ETH cannot be frozen. Binance's SAFU fund holds 15,000 BTC, about USD 1.19 billion, and in 2019 the exchange fully covered losses from roughly 7,000 BTC stolen from a hot wallet.
- Tesla-SpaceX Merger 'Does Make Strategic Sense,' Analyst Says — But SpaceX Needs Nearly 2x The Growth
Morningstar says a Tesla-SpaceX merger 'does make strategic sense,' but SpaceX would need growth nearly double what the firm currently models to justify its share price. Morningstar raised its SpaceX fair value estimate to $70 from $62, yet that still implies about 51% downside from current levels, even though its forecasts already assume revenue of $41 billion in 2026 and $228 billion by 2030. The Terafab chip project could cost tens of billions of dollars through early 2028 and more than $100 billion longer term, but the funding split between the two companies remains unresolved. Musk said his conflicts keep him out of the independent committees' talks and warned against treating a deal as certain.
- Asian trading is mixed as worries about AI-related issues grow
Asian shares traded mixed early Friday as concerns about the future of artificial intelligence grew after Alphabet's stock drop weighed on U.S. markets. Japan's Nikkei 225 fell 2.6% to 62,960.60, while South Korea's Kospi declined 5.4% to 5,618.76 as SK Hynix and Samsung Electronics both slipped. The Bank of Japan is closing a two-day policy meeting, but most analysts expect no action after raising its benchmark rate to 1.25% last month, and the U.S. has pressed Japan to raise rates over the weakening yen. On Wall Street on Thursday, the S&P 500 fell 0.3% to 7,720.39 and the Nasdaq composite tumbled 1.4% to 26,184.72, as Alphabet's Class A shares dropped 12.6% in their worst day since trading began more than 20 years ago. The 10-year Treasury yield fell to 4.94% from 5.05%, while U.S. crude gained 2.80% to $104.86 a barrel.
- Notable proposal on electric cars in Vietnam
A draft national technical regulation on safety and environmental protection for cars would require pure battery electric vehicles (BEV or PEV) to be fitted with an AVAS sound alert system for pedestrians and cyclists. AVAS must activate automatically when the vehicle travels below 20 km/h or reverses, is on by default at start-up, and may have a switch that drivers can use to turn it on or off. The sound must be continuous, change with speed, and must not resemble horns, bells, emergency alarms, musical tones, or animal sounds; for M1 cars fitted with AVAS, it may only operate when running fully on electricity. According to the Vietnam Register, pure electric cars can move slowly without the engine noise people nearby expect, so the requirement aims to improve safety for pedestrians, motorcyclists and cyclists.
- Global gold falls near $4,000 mark
Spot gold fell 1% to $4,026.12 an ounce in the 29 October session after US inflation data showed price pressures remained high, reinforcing expectations that the Fed will raise interest rates later this year. The PCE price index rose 0.5% in September after a 0.3% gain in August, as consumers paid more for gasoline and other goods. According to CME Group's FedWatch tool, traders are pricing in about an 83% chance of a Fed rate hike in December. Higher rates raise the opportunity cost of holding non-yielding gold, and David Meger of High Ridge Futures said persistent inflation above the Fed's target is the main pressure on the market. December gold futures slipped 0.3% to $4,037.60, while silver fell 2.7% to $52.54, platinum dropped 3.7% to $1,486.47 and palladium lost 0.7% to $1,003.58.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.