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Revenue reached a first quarter record of $26.5 million
Ecommerce services revenue increased 19% year over year to a first quarter record of $13.5 million
Fulfillment services revenue decreased, as planned, 10% year over year to $13.1 million
Adjusted EBITDA of $0.7 million
Five new customer wins year to date, including Bed, Bath & Beyond and Marc Jacobs
Closed initial public offering with net proceeds of $85.6 million
Three Months Ended March 31,
(Dollars in thousands)
Gross merchandise volume
Number of customers
Number of customer ecommerce sites
Ecommerce services revenue increased 19% to $13.5 million over the first quarter 2013 ecommerce services revenue of $11.3 million.
Fulfillment services revenue decreased, as expected, 10% from $14.5 million in the first quarter 2013 to $13.1 million this year.
The following information was filed by Borderfree, Inc. (BRDR) on Wednesday, May 7, 2014 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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