Thursday, August 9, 2012

PFSweb Reports Results

Allen, Texas-based e-commerce software and services provider PFSweb reported its second quarter results yesterday, saying that it had total revenues of $68.8M, and a net loss of $0.5M. Revenues were up from Q2 of last year, when the firm reported $68.0M in total revenues. PFSweb said that it saw 35 percent service fee revenue growth compared with last year, which it says came from increased activity among its 65 client programs. PFSweb operates services to help brands run their e-commerce sites, and has a number of well known brands using its services.