Stamps.com revenues up 28%

Fourth financial quarter revenues at US online postage and shipping software giant Stamps.com were up 28% year on year to $206 million. GAAP Net income was up 129% compared to 2019 to $46.4 million.

Ken McBride, Stamps.com’s Chairman and CEO said: “During the fourth quarter and throughout fiscal year 2020 we set new record financial and business metrics, demonstrating the strength and relevance of our best-in-class global multi-carrier e-commerce technology solutions. Our results are also a testament to the dedication and professionalism of our extraordinary global workforce who continue to drive innovation and operational excellence for our customers and our shareholders. Although 2020 was a very difficult year for many around the globe, we are grateful to be able to help our customers successfully compete in these challenging times.”

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