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GSI Commerce reports fiscal 2006 Q3 operating results

26 Oct '06
3 min read
The company provides the following guidance for the fiscal 2006 fourth quarter:

Net revenues are expected to be in the range of $235 million to $245 million, or increase between 36 percent and 42 percent.

Merchandise sales are expected to be in the range of $500 million to $536 million, or increase between 77 percent and 90 percent.

Product sales are expected to be in the range of $177 million to $182 million, or increase between 31 percent and 35 percent.

Service fees are expected to be in the range of $57 million to $62 million, or increase between 53 percent and 67 percent.

Net income is expected to be in the range of $19.5 million to $20.5 million, or increase between 67 percent and 75 percent.

The company provides the following updated guidance for fiscal year 2006:

Net revenues are expected to be in the range of $587 million to $597 million, or an increase of between 33 percent and 36 percent.

Merchandise sales are expected to be in the range of $1.13 billion to $1.17 billion, or an increase of between 66 percent and 72 percent.

Product sales are expected to be in the range of $448 million to $453 million, or an increase of between 26 percent and 27 percent.

GSI Commerce Inc
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