3 Nov 2014

Borderfree Reports Record Third Quarter 2014 Financial Results

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  • Gross merchandise volume reached a third quarter record of $130.5 million
  • Total revenue reached a third quarter record of $31.3 million
  • Ecommerce services revenue increased 37% year over year to a third quarter record of $15.8 million
  • Successfully reduced logistics costs by 8%
  • A third quarter record Adjusted EBITDA of $0.3 million
  • 24 new customer wins year to date, including John Varvatos, Orvis, Deb Shops and Orchard Brands
  • Signed footwear retailer Dune London as first UK customer

Borderfree (Nasdaq:BRDR), a market leader in international cross-border ecommerce, today announced financial results for the quarter ended September 30, 2014.


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