Stamps.com® (Nasdaq: STMP), a leading provider of e-commerce
shipping solutions, today announced results for the quarter ended
March 31, 2021.
First Quarter 2021 Highlights
- Total revenue was $189.1 million, up 25% compared to $151.3
million in the first quarter of 2020.
- GAAP net income was $34.2 million, up 108% compared to $16.5
million in the first quarter of 2020.
- GAAP net income per fully diluted share was $1.74, up 92%
compared to $0.91 in the first quarter of 2020.
- Non-GAAP adjusted EBITDA was $59.5 million, up 43% compared to
$41.5 million in the first quarter of 2020.
- Non-GAAP adjusted income per fully diluted share was $2.08, up
58% compared to $1.32 in the first quarter of 2020.
”We continued to see strength in our financial performance in
the first quarter of the year, which marked the anniversary of the
COVID-19 pandemic. Our company has continued to outperform by
providing best-in-class global multi-carrier e-commerce technology
solutions to our customers and partners in these challenging times.
As the economy begins to show signs of broader recovery, we believe
e-commerce will continue to be an integral part of both the global
economy going forward and the economic recovery. We remain excited
about the long-term future of our business and confident in our
ability to successfully execute our global e-commerce strategy,”
said Ken McBride, Stamps.com’s Chairman and CEO.
First Quarter 2021 Detailed Results
First quarter 2021 total revenue was $189.1 million, up 25%
compared to the first quarter of 2020. First quarter 2021 Mailing
and Shipping revenue (which includes service, product and insurance
revenue but excludes Customized Postage) was $189.1 million, up 28%
compared to the first quarter of 2020. First quarter 2021
Customized Postage revenue was $0 million, down 100% compared to
the first quarter of 2020 as the USPS terminated its customized
postage program effective June 16, 2020.
First quarter 2021 GAAP income from operations was $44.3
million, GAAP net income was $34.2 million, and GAAP net income per
share was $1.74 based on 19.6 million fully diluted shares
outstanding. This compares to first quarter 2020 GAAP income from
operations of $24.2 million, GAAP net income of $16.5 million, and
GAAP net income per share of $0.91 based on 18.2 million fully
diluted shares outstanding. First quarter 2021 GAAP income from
operations, GAAP net income, and GAAP income per fully diluted
share increased by 83%, 108%, and 92% year-over-year,
respectively.
First quarter 2021 GAAP income from operations included $8.7
million of non-cash stock-based compensation expense and $5.5
million of non-cash amortization of acquired intangibles. First
quarter 2021 GAAP net income included $95 thousand of non-cash
amortization of debt issuance costs. First quarter 2021 GAAP income
tax expense was $9.9 million and non-GAAP income tax expense was
$17.5 million, resulting in a $7.6 million non-GAAP tax expense
adjustment. The higher non-GAAP tax expense reflects the tax impact
on the non-GAAP pre-tax income at a non-GAAP effective tax rate of
30.0% for the first quarter. See the section later in this release
entitled, “About Our Business Outlook and Non-GAAP Financial
Measures” for more information on how non-GAAP taxes are
calculated. Excluding the non-cash stock-based compensation expense
and non-cash amortization of acquired intangibles, first quarter
2021 non-GAAP income from operations was $58.6 million. Also
excluding non-cash amortization of debt issuance costs and
including the non-GAAP tax expense adjustment, first quarter 2021
non-GAAP adjusted income was $40.9 million or $2.08 per share based
on 19.6 million fully diluted shares outstanding.
First quarter 2020 GAAP income from operations included $10.7
million of non-cash stock-based compensation expense and $5.5
million of non-cash amortization of acquired intangibles. First
quarter 2020 GAAP net income included $93 thousand of non-cash
amortization of debt issuance costs. First quarter 2020 GAAP income
tax expense was $7.1 million and non-GAAP income tax expense was
$16.0 million, resulting in an $8.9 million non-GAAP tax expense
adjustment. The higher non-GAAP tax expense reflects the tax impact
on the non-GAAP pre-tax income at a non-GAAP effective tax rate of
40.0% for the first quarter. Excluding the non-cash stock-based
compensation expense and non-cash amortization of acquired
intangibles, first quarter 2020 non-GAAP income from operations was
$40.4 million. Also excluding non-cash amortization of debt
issuance costs and including the non-GAAP tax expense adjustment,
first quarter 2020 non-GAAP adjusted income was $24.0 million or
$1.32 per share based on 18.2 million fully diluted shares
outstanding.
Therefore, first quarter 2021 non-GAAP income from operations,
non-GAAP adjusted income, and non-GAAP adjusted income per fully
diluted share increased by 45%, 71%, and 58% year-over-year,
respectively.
Non-GAAP income from operations, non-GAAP adjusted income, and
non-GAAP adjusted income per share are described further in the
“About Our Business Outlook and Non-GAAP Financial Measures”
section of this press release and are reconciled to the
corresponding GAAP measures in the following tables
(unaudited):
Reconciliation of GAAP to Non-GAAP Financial Measures (First
Quarter 2021)
First Quarter Fiscal 2021
Stock-Based Intangible
Debt All amounts in millions except
GAAP
Compensation Amortization Amortization
Income Tax Non-GAAP per share data:
Amounts
Expense Expense Expense Adjustments
Amounts Cost of Revenues
$
43.22
$
0.92
$
-
$
-
$
-
$
42.30
Research & Development
28.51
2.99
-
-
-
25.52
Sales & Marketing
43.87
2.16
-
-
-
41.70
General & Administrative
29.17
2.62
5.54
-
-
21.01
Total Expenses
144.77
8.69
5.54
-
-
130.54
Income (Loss) from Operations
44.32
(8.69
)
(5.54
)
-
-
58.55
Interest and Other Income (Loss)
(0.16
)
-
-
(0.10
)
-
(0.06
)
Benefit (Expense) for Income Taxes
(9.92
)
-
-
-
7.63
(17.55
)
Adjusted Income (Loss)
34.24
(8.69
)
(5.54
)
(0.10
)
7.63
40.94
On a diluted per share basis
$
1.74
$
(0.44
)
$
(0.28
)
$
(0.00
)
$
0.39
$
2.08
Shares used in per share calculation
19.64
19.64
19.64
19.64
19.64
19.64
Reconciliation of GAAP to Non-GAAP Financial Measures (First
Quarter 2020)
First Quarter Fiscal 2020
Stock-Based Intangible
Debt All amounts in millions except
GAAP
Compensation Amortization Amortization
Income Tax Non-GAAP per share data:
Amounts
Expense Expense Expense Adjustments
Amounts Cost of Revenues
$
40.38
$
0.92
$
-
$
-
$
-
$
39.46
Research & Development
21.32
2.88
-
-
-
18.45
Sales & Marketing
37.00
2.31
-
-
-
34.70
General & Administrative
28.47
4.62
5.51
-
-
18.34
Total Expenses
127.17
10.72
5.51
-
-
110.94
Income (Loss) from Operations
24.17
(10.72
)
(5.51
)
-
-
40.40
Interest and Other Income (Loss)
(0.58
)
-
-
(0.09
)
-
(0.49
)
Benefit (Expense) for Income Taxes
(7.10
)
-
-
-
8.87
(15.97
)
Adjusted Income (Loss)
16.49
(10.72
)
(5.51
)
(0.09
)
8.87
23.95
On a diluted per share basis
$
0.91
$
(0.59
)
$
(0.30
)
$
(0.01
)
$
0.49
$
1.32
Shares used in per share calculation
18.19
18.19
18.19
18.19
18.19
18.19
First Quarter GAAP Net Income and Non-GAAP Adjusted
EBITDA
First quarter 2021 GAAP net income was $34.2 million, up 108%
compared to $16.5 million in the first quarter of 2020.
First quarter 2021 non-GAAP adjusted EBITDA was $59.5 million,
up 43% compared to $41.5 million in the first quarter of 2020.
Adjusted EBITDA is a non-GAAP financial measure which is
described further in the “About Our Business Outlook and Non-GAAP
Financial Measures” section of this press release and is reconciled
to GAAP net income in the following table (unaudited):
Reconciliation of GAAP Net Income to Non-GAAP Adjusted
EBITDA
Three Months ended
All amounts in millions
March 31,
2021
2020
GAAP Net Income (Loss)
$34.24
$16.49
Depreciation and Amortization Expense
$6.44
$6.59
Interest & Other Expense (Income), net
$0.16
$0.58
Income Tax Expense (Benefit), net
$9.92
$7.10
Stock-based Compensation Expense
$8.69
$10.72
Adjusted EBITDA
$59.45
$41.48
Taxes
For the first quarter of 2021, the Company reported a GAAP
income tax expense of $9.9 million representing an effective tax
rate of 22.5%. For the first quarter of 2020, the Company reported
a GAAP income tax expense of $7.1 million representing an effective
tax rate of 30.1%. The first quarter 2021 effective tax rate of
22.5% should not be assumed to apply for 2021 as a whole, and our
after tax income during the remainder of 2021 will likely reflect a
materially higher rate than is reflected in our after tax results
for the first quarter of 2021. Our first quarter 2021 GAAP net
income should also be understood to have been positively impacted
by the lower effective tax rate applicable specifically to the
quarter.
Share Repurchase
During the first quarter of 2021, the Company repurchased
approximately 137 thousand shares at a total cost of approximately
$27.0 million.
On February 11, 2021, our Board of Directors approved a new
share repurchase program which commenced on February 22, 2021 and
which authorizes the Company to repurchase up to $60 million of
stock over the six months following its effective date. On February
26, 2021, our Board of Directors amended the program to repurchase
an aggregate of up to $120 million through the program’s expiration
in August 2021.
Summary of our Business Outlook
The strong increases in e-commerce-based consumption in response
to the COVID-19 pandemic contributed to meaningful financial
benefits to the Company in 2020. Despite those financial benefits,
there remains substantial uncertainty in 2021 from the myriad of
macroeconomic factors associated with the ongoing pandemic, and the
resulting effect on global e-commerce. As such, for 2021 we are not
at this time providing specific guidance on revenue, GAAP net
income, GAAP net income per fully diluted share, effective tax
rate, non-GAAP adjusted income, non-GAAP adjusted EBITDA or
non-GAAP adjusted income per fully diluted share.
The aforementioned uncertainties surrounding 2021, while making
specific guidance with meaningful ranges of potential outcomes
difficult, do not impact our operating strategies. As such, we plan
to continue to invest in our global technology platforms and would
expect our operating expenses in 2021 to increase as much as 20% or
more, reflecting annualization of investments made during 2020 as
well as additional investments expected in 2021.
Company Metrics and Conference Call
2021 Company metrics, updated to include the first quarter, are
available at https://investor.stamps.com (in the subsection
“Investor Metrics” under the dropdown menu “Financial Info”). These
metrics are not incorporated into this press release.
The Stamps.com financial results conference call will be webcast
today at 5:00 p.m. Eastern Time and may be accessed at
https://investor.stamps.com. The Company plans to discuss its
business outlook during the conference call. Following the
conclusion of the webcast, a replay of the call will be available
at the same website.
About Our Subsidiaries, Products and Brands
Stamps.com (Nasdaq: STMP) is a leading provider of e-commerce
shipping solutions to customers, including consumers, small
businesses, e-commerce shippers, enterprises, and high volume
shippers. Stamps.com offers solutions that help businesses run
their shipping operations more smoothly and function more
successfully under the brand names Stamps.com, Endicia,
ShipStation, ShippingEasy, ShipWorks, ShipEngine and Metapack.
Stamps.com’s family of brands provides seamless access to mailing
and shipping services through integrations with more than 500
unique partner applications.
Endicia is a leading brand for high volume shipping technologies
and services for U.S. Postal Service shipping. Under this brand we
offer solutions that help businesses run their shipping operations
more smoothly and function more successfully. Our Endicia branded
solutions also provide seamless access to USPS shipping services
through integrations with partner applications.
ShipStation is a leading web-based shipping solution that helps
e-commerce retailers import, organize, process, package, and ship
their orders quickly and easily from any web browser. ShipStation
features the most integrations of any e-commerce web-based solution
with more than 350 shopping carts, marketplaces, package carriers,
and fulfillment services. Integration partners include eBay,
PayPal, Amazon, Etsy, Square, Shopify, BigCommerce, Volusion,
Magento, Squarespace, and carriers such as USPS, UPS, FedEx and
DHL. ShipStation has sophisticated automation features such as
automated order importing, custom hierarchical rules, product
profiles, and fulfillment solutions that enable its customers to
complete their orders, wherever they sell, and however they
ship.
ShippingEasy provides a single platform for e-commerce merchants
to automate order imports and shipping, manage inventory, and
increase sales through customer email marketing and online reviews.
Powerful integrations with leading online channels such as Amazon,
eBay, Etsy, Walmart, Shopify, Magento, WooCommerce and many others
allow merchants to manage orders from everywhere they sell all in
one place. The inclusion of email marketing and inventory
management solutions plus award-winning support from real humans
via phone, email, and chat lets online merchants streamline their
businesses and increase orders through a single integrated platform
that provides more than best-in-class shipping solutions.
ShipWorks is a leading brand for client-based shipping solutions
that help high volume shippers import, organize, process, fulfill,
and ship their orders quickly and easily from any standard PC. With
integrations to more than 100 shopping carts, marketplaces, package
carriers, and fulfillment services, ShipWorks has the most
integrations of any high-volume client shipping solution. Package
carriers include USPS, UPS, FedEx, DHL, OnTrac and many more.
Marketplace and shopping cart integrations include eBay, PayPal,
Amazon, Etsy, Shopify, BigCommerce, Volusion, ChannelAdvisor,
Magento, and many more. ShipWorks has sophisticated automation
features such as a custom rules engine, automated order importing,
automatic product profile detection, and fulfillment automation,
which enable high volume shippers to complete their orders quickly
and efficiently.
ShipEngine offers a multi-carrier shipping platform for
e-commerce stores, logistics and warehouse providers, systems
integrators, e-commerce application integrators, and new
application developers. ShipEngine APIs enable developers to build
custom workflows within their own platforms and streamline the
e-commerce fulfillment process with real-time label generation,
rate quoting, parcel tracking, and address validation. ShipEngine
supports more than 30 different carriers and includes integrations
with leading e-commerce service providers, shopping carts, and
marketplaces.
Metapack helps e-commerce and delivery professionals to meet
with the consumer’s growing expectations of delivery, while
maintaining and optimizing operational efficiency. Metapack’s SaaS
solution offers a wide range of personalized delivery services,
from global order tracking to simplified return procedures, through
a catalog of more than 300 carriers around the world.
About our Business Outlook, and Non-GAAP Financial
Measures
The business outlook contained within this press release does
not include the impact from potential future acquisitions,
including acquisition costs or related financings, or unanticipated
events. This business outlook also does not include the impact of
foreign currency fluctuations, or other geopolitical events, such
as trade negotiations or Brexit. This business outlook and the
related assumptions are forward-looking statements subject to the
safe harbor statement contained at the end of this press release,
and reflect our views of current and future market conditions as of
the date of this press release. Only a few of our assumptions
underlying our outlook are disclosed herein, and our actual results
will be affected by known and unknown risks, trends, uncertainties
and other factors, many of which are beyond our control or ability
to predict. Although we believe that the assumptions underlying our
outlook are reasonable, they are not guarantees of future
performance and some of them will inevitably prove to be incorrect.
As a result, our actual future results can be expected to differ
from our expectations, and those differences could be material, as
a result of, among other things, the factors described under
“Forward-Looking Statements,” below. We do not undertake any
obligation to release publicly any revisions to our business
outlook or other forward-looking statements to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
To supplement the Company’s condensed consolidated balance
sheets and consolidated statements of income presented in
accordance with GAAP, the Company uses non-GAAP measures of certain
components of financial performance. These non-GAAP measures
include non-GAAP income from operations, non-GAAP adjusted income,
non-GAAP adjusted income per fully diluted share and adjusted
EBITDA.
Non-GAAP financial measures are provided to enhance investors’
overall understanding of the Company’s financial performance and
prospects for the future and as a means to evaluate
period-to-period comparisons. The Company believes the non-GAAP
measures, which: (1) exclude certain non-cash items including
stock-based compensation expense, amortization of acquired
intangibles, amortization of debt issuance costs, and contingent
consideration charges; (2) exclude certain expenses and gains such
as acquisition related expenses, litigation settlement expenses,
executive consulting expenses, and insurance proceeds; and (3)
include income tax adjustments, provide meaningful supplemental
information regarding financial performance by excluding certain
expenses and benefits that may not be reflective of our underlying
operating performance.
Non-GAAP adjusted income is calculated as GAAP net income plus
the cumulative impact of the adjustments outlined in the paragraph
immediately above.
Non-GAAP adjusted income per fully diluted share is calculated
as non-GAAP adjusted income divided by fully diluted shares.
Non-GAAP income tax expense for the first, second and third
quarters of our fiscal year are calculated by multiplying the
projected annual effective tax rate in that quarter by the non-GAAP
adjusted income before taxes for the quarter. Among other things,
the projected annual effective tax rate does not reflect potential
future employee option exercises in the remaining quarters of the
fiscal year due to the inherent difficulty in forecasting employee
option exercises. The projected annual effective tax rate also
considers other factors including the Company’s tax structure and
its tax positions in various jurisdictions where the Company
operates. The actual annual effective tax rate realized for the
fiscal year could differ materially from our projected annual
effective tax rate used in the first, second and third
quarters.
Non-GAAP income tax expense for the fourth quarter of the fiscal
year is calculated by multiplying the actual effective tax rate for
the fiscal year by the non-GAAP adjusted income before taxes for
the fiscal year and subtracting the non-GAAP income tax expense or
benefit reported in the first, second and third quarters. As a
result, the fourth quarter reflects the tax impact of reconciling
the first, second and third quarter projected annual effective
rates to the actual effective tax rate for the fiscal year.
Adjusted EBITDA as calculated in this press release represents
earnings before interest and other expense, net, interest and other
income, net, income tax expense or benefit, depreciation and
amortization and excludes certain items, such as stock-based
compensation expense.
The presentation of non-GAAP financial measures is not intended
to be considered in isolation or as a substitute for, or superior
to, the financial information prepared and presented in accordance
with GAAP. These non-GAAP financial measures may differ from
similarly titled measures used by other companies. Reconciliation
of non-GAAP financial measures included in this press release to
the corresponding GAAP measures can be found in the financial
tables of this press release.
The Company believes that non-GAAP financial measures, when
viewed with GAAP results and the accompanying reconciliation,
enhance the comparability of operating results against prior
periods and allow for greater transparency of operating results.
Management uses non-GAAP financial measures in making financial,
operating, compensation and planning decisions. The Company
believes non-GAAP financial measures facilitate management and
investors in comparing the Company’s financial performance to that
of prior periods as well as in performing trend analysis over
time.
Share Repurchase Timing
The timing of share repurchases, if any, and the number of
shares to be bought at any one time will depend on factors
including market conditions and the Company’s compliance with the
covenants in its Amended and Restated Credit Agreement. Share
repurchases may be made from time to time on the open market or in
negotiated transactions at the Company's discretion in compliance
with Rule 10b-18 of the United States Securities and Exchange
Commission. The Company's purchase of any of its shares may be
subject to limitations imposed on such purchases by applicable
securities laws and regulations and the rules of the Nasdaq Stock
Market.
"Safe Harbor" Statement Under the Private Securities
Litigation Reform Act of 1995
This release includes “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements are statements that are not historical
facts, and may relate to future events or the Company’s anticipated
results, business strategies or capital requirements, among other
things, all of which involve risks and uncertainties. You can
identify many (but not all) such forward-looking statements by
looking for words such as “assumes,” “approximates,” “believes,”
“expects,” “anticipates,” “estimates,” “projects,” “seeks,”
“intends,” “plans,” “could,” “would,” “may” or other similar
expressions, and include statements that refer to future responses
to and effects of the COVID-19 pandemic. Important factors which
could cause actual results to differ materially from those in the
forward-looking statements, include (i) the significant and
unprecedented uncertainty regarding the business and economic
impact of the ongoing COVID-19 pandemic (as well as the impact of
efforts of governments, businesses and individuals to mitigate the
effects of such pandemic) on the Company, its customers, its
carrier and integration partners and the global economy, which
makes it particularly difficult to predict the nature and extent of
impacts on demand for our products and services, making our
business outlook subject to considerable uncertainty, (ii) the
Company’s ability to monetize its customers’ transactions with
carriers, including uncertainties regarding the duration,
renegotiation and ultimate impact of existing and potential future
arrangements with carriers and partners and our success in
implementing our strategy over the long term, (iii) the Company's
ability to successfully integrate and realize the benefits of its
past or future strategic acquisitions or investments, (iv) the
Company’s ability to diversify its relationships with carriers, (v)
the impact of foreign exchange fluctuations and geopolitical risks,
and (vi) other important factors that are detailed in filings with
the Securities and Exchange Commission made from time to time by
Stamps.com, including its Annual Report on Form 10-K for the year
ended December 31, 2020, Quarterly Reports on Form 10-Q
(particularly the “Risk Factors” sections of those reports), and
Current Reports on Form 8-K. Matters described in forward-looking
statements may also be affected by other known and unknown risks,
trends, uncertainties and factors, many of which are beyond the
Company’s ability to control or predict. Copies of these filings
may be obtained by visiting our investors relations website at
www.stamps.com or the SEC’s website at www.sec.gov. Stamps.com
undertakes no obligation to release publicly any revisions to any
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated
events.
Trademarks
Stamps.com, the Stamps.com logo, Endicia, Metapack, PhotoStamps,
ShipEngine, ShippingEasy, ShipStation and ShipWorks are registered
trademarks of Stamps.com Inc. and its subsidiaries. All other
brands and names used in this release are the property of their
respective owners.
STAMPS.COM INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS
OF OPERATIONS (in thousands, except per share data: unaudited)
Three Months ended
March 31,
2021
2020
Revenues: Service
$
179,020
$
139,136
Product
5,513
5,956
Insurance
4,557
3,180
Customized postage*
-
3,074
Total revenues
189,090
151,346
Cost of revenues: Service
41,375
36,527
Product
1,848
1,738
Customized postage*
-
2,115
Total cost of revenues
43,223
40,380
Gross profit
145,867
110,966
Operating expenses: Sales and marketing
43,866
37,004
Research and development
28,510
21,323
General and administrative
29,170
28,468
Total operating expenses
101,546
86,795
Income from operations
44,321
24,171
Foreign currency exchange gain (loss), net
(89
)
(138
)
Interest expense
(95
)
(467
)
Interest income and other income (loss), net
28
26
Income before income taxes
44,165
23,592
Income tax (benefit) expense
9,921
7,098
Net income
$
34,244
$
16,494
Net income per share: Basic
$
1.86
$
0.97
Diluted
$
1.74
$
0.91
Weighted average shares outstanding: Basic
18,362
17,064
Diluted
19,644
18,189
*The customized postage program was eliminated by the United
States Postal Service effective June 16, 2020. As a result, the
Company does not expect material customized postage revenue or cost
of revenue after June 2020.
CONDENSED CONSOLIDATED BALANCE
SHEETS (in thousands, unaudited)
March 31,
December 31,
2021
2020
ASSETS Cash and cash equivalents
$
567,471
$
443,552
Accounts receivable, net
47,600
63,308
Current income taxes
610
8,035
Prepaid expenses and other current assets
83,112
103,799
Property and equipment, net
36,021
32,887
Goodwill and intangible assets, net
510,988
514,007
Deferred income taxes, net
26,371
26,378
Other assets
77,082
105,333
Total assets
$
1,349,255
$
1,297,299
LIABILITIES AND STOCKHOLDERS' EQUITY Liabilities:
Accounts payable and other liabilities
$
323,521
$
307,823
Deferred income taxes, net
7,701
7,524
Deferred revenue
7,411
7,833
Total liabilities
338,633
323,180
Stockholders' equity: Common stock
57
57
Additional paid-in capital
1,302,865
1,276,484
Treasury stock
(675,163
)
(648,132
)
Retained earnings
363,850
329,606
Accumulated other comprehensive income (loss)
19,013
16,104
Total stockholders' equity
1,010,622
974,119
Total liabilities and stockholders' equity
$
1,349,255
$
1,297,299
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210506006164/en/
Investor Contact: Suzanne Park
Stamps.com Investor Relations (310) 482-5830 invrel@stamps.com
Press Contact: Eric Nash Stamps.com
Public Relations (310) 482-5942 enash@stamps.com
Stamps com (NASDAQ:STMP)
Historical Stock Chart
From Dec 2024 to Jan 2025
Stamps com (NASDAQ:STMP)
Historical Stock Chart
From Jan 2024 to Jan 2025
