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Stampscom Inc
Stamps.com is an American company that provides internet-based mailing and shipping solutions. The company offers a range of products and services that enable customers to create, print and send mail and packages from their own homes or offices. The company was founded in 1996 and is headquartered in El Segundo, California.
Stamps.com is a publicly traded company and is listed on the NASDAQ stock exchange under the ticker symbol STMP. The company has been consistently profitable over the years and has a strong track record of revenue growth.
One of the key factors that has contributed to Stamps.com's success is its ability to provide customers with a convenient and efficient solution for mailing and shipping packages. The company's software allows customers to calculate postage, print shipping labels and track their packages from their own computers. This eliminates the need to visit a post office or shipping store, saving time and hassle for customers.
In addition to its core mailing and shipping services, Stamps.com also offers a range of other products and services. These include mail and package tracking, address verification, and email notification services. The company also sells postage meters, scales and other mailing and shipping supplies.
Stamps.com has a strong history of earnings growth, driven by increasing demand for its services and products. In recent years, the company has seen revenue growth of around 20% per year. This growth has been driven by the continued expansion of e-commerce and the rise of online shopping, which has led to an increase in demand for shipping and mailing services. In addition, Stamps.com has expanded its services to include the label printing for Amazon, Etsy, and eBay sellers. Furthermore, the company has also been investing heavily in research and development, with a focus on developing new and innovative solutions for its customers.
Stamps.com has also expanded its services into new markets, such as the UK and Canada, The company is also exploring new opportunities in areas such as logistics and supply chain management, offering services like multi-carrier shipping and LTL (Less than Truckload) freight shipping.
Overall, Stamps.com has a strong history of growth and profitability, driven by its innovative products and services and its ability to capitalize on the growing demand for e-commerce and shipping solutions.