August 08, 2009

Stamps.com hits $20.2 million revenue in Q2 2009

PartnerCentric is pleased to announce that Stamps.com, a leader in online postage sales, just reported $20.2 million in total revenue for the second quarter of 2009. The Stamps.com affiliate program is managed by PartnerCentric.

“In the current tough macroeconomic environment, we were happy with the strength in our earnings this quarter,” said Ken McBride, Stamps.com president and CEO. “We continued to experience growth in our PC Postage business outside of the enhanced promotion channel, albeit at a slower rate than we did before the current economic downturn. We are also making good progress in our strategic investment areas of enterprise and shipping.”
Stamps.com’s total PC (online) postage revenue, including service fee
revenue, store revenue, and insurance revenue, was down 2 percent compared to the same 2008 quarter, but still generated a solid $18.2 million for the company.

Read the full article here.
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