PFSweb, Inc. provided earnings guidance for the fiscal year 2022. For the Period, the company is maintaining its previously stated 2022 earnings outlook, which targets 2022 PFS Operations annual SFE (service fee equivalent) revenue growth in the range of 5% to 10%. The Company remains optimistic that it can achieve SFE revenue growth at the upper end of this targeted range, driven by expected continued organic growth from current clients, strong bookings and a robust sales pipeline.

PFSweb also continues to target 2022 estimated PFS Operations pro forma standalone adjusted EBITDA percentage of service fee revenue to be within the range of 8% to 10%.