🟢 Commerce.com is trading 10% up in pre-market after Q3 revenue and adjusted profitability beat expectations

Commerce.com is trading at $3.79, up +9.89% in pre-market, after its Q3 report beat expectations for revenue and adjusted profitability.

• The November 5 report showed $84.2 million in revenue and $8.0 million in operating income; revenue fell 2.1% year over year.
• It highlighted restructuring savings and a 9.5% non-GAAP operating margin.
• Management targets 20% operating margins by 2027; the report was scheduled for release before market open.