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Stamps.com Inc. Sales Jump 38%, Earnings More Than Double

TheMotleyFool

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Stamps.com Inc. Sales Jump 38%, Earnings More Than Double

Stamps.com (NASDAQ: STMP) reported a sharp increase in second-quarter revenue and profits on Aug. 2.

The provider of online postage and shipping software has been one of the biggest beneficiaries of the rapid growth of e-commerce in recent quarters -- a trend the company expects to continue in the year ahead.

More e-commerce means more profits for Stamps.com. Image source: Getty Images.

Source: Fool.com