SPS Commerce Downshifts From Growth Mode

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By Alex Van Abbema, Star Tribune

“Shares in SPS Commerce Inc. fell 19 percent Wednesday morning after the Minneapolis software company signaled a slowing of its speedy growth.

In its fourth-quarter results statement issued after the market closed Tuesday, SPS forecast sales growth of 14 percent to 15 percent in 2017, down from the 22 percent growth it experienced in 2016.”

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