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Stamps.com: 3Q Earnings Snapshot

EL SEGUNDO, Calif. (AP) _ Stamps.com Inc. (STMP) on Thursday reported third-quarter profit of $9.1 million.

On a per-share basis, the El Segundo, California-based company said it had net income of 52 cents. Earnings, adjusted for one-time gains and costs, came to $1.12 per share.

The online postage provider posted revenue of $136.2 million in the period.

Stamps.com expects full-year earnings in the range of $3.85 to $4.85 per share, with revenue in the range of $535 million to $565 million.

Stamps.com shares have fallen 48% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $80.82, a decline of 54% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STMP at https://www.zacks.com/ap/STMP