Reconomy vs SPS Commerce

Reconomy’s Chief Information Officer recognised as one of the UK’s top 100 CIOs

Reconomy’s Chief Information Officer recognised as one of the UK’s top 100 CIOs (25 September 2026). Also new: Deloitte Best Managed Company award for second consecutive year, call for government support on construction material reuse hubs, ESG Best Performer shortlist, National Sustainability Awards shortlist, Wolves matchday plastics community asset, EcoVend reverse vending at British Grand Prix, and colleague competing at Commonwealth Powerlifting Championships.

Reconomy presented with Deloitte Best Managed Company award for second consecutive year

Reconomy presented with Deloitte Best Managed Company award for second consecutive year (16 September 2026). Also new: Reconomy calls on government to support UK network of construction material reuse hubs (1 September 2026), and shortlisted for ESG Best Performer of the Year at the Green Awards UK 2026 (10 August 2026).

10-Q Financial Filing Analysis for SPS Commerce (2026-07-30)

For the second quarter ended June 30, 2026, SPS Commerce reported total revenues of $197.8 million, up 5.6% year-over-year, driven by ongoing expansion across its retail supply chain network and 1P recurring revenue customer base. Recurring revenues reached $190.4 million, representing 96% of total revenue. However, GAAP operating income fell 68.2% to $8.4 million and GAAP net income dropped to $6.9 million ($0.19 per diluted share) due to a $23.5 million pre-tax loss on the divestiture of its third-party (3P) revenue recovery business. Operating cash flows remained strong, surging 68.3% to $121.7 million for the first six months of 2026. The divestiture of the non-core 3P business on June 30, 2026, generated $8.8 million in net cash and reduced recurring customer count to approximately 46,650 while expanding ARPU by 14% to $15,100. Non-GAAP performance remained healthy, with Q2 Adjusted EBITDA expanding 18.9% to $66.6 million (34% margin) and non-GAAP EPS reaching $1.27.

• Q2 2026 revenue increased 5.6% YoY to $197.8 million, with recurring revenue accounting for $190.4 million (96% of total).
• Completed the divestiture of the 3P revenue recovery business on June 30, 2026, for $8.8 million in net cash, recognizing an operating loss of $23.5 million.
• Repurchased 905,815 shares of common stock for $50.0 million during Q2 2026 ($98.7 million in H1 2026), with $186.4 million remaining authorized under the 2025 program.

Marketo Co-founder Launches AI Marketing Automation Platform Phave

Jon Miller, co-founder of Marketo and Engagio, together with Nick Bonfiglio, formerly head of product and engineering at Marketo, has launched Phave, an AI-powered marketing automation platform for enterprise B2B organizations. After two years in stealth, Phave reached general availability in August 2026 and is now used by 10 companies. Designed to replace legacy MAPs like Marketo, Pardot, Eloqua, and HubSpot, Phave's intelligence engine, Maestro, generates personalized 'Playlists' that dynamically sequence marketing touches based on real-time data, objectives, and governance. The platform treats contacts, accounts, and buying groups as first-class objects, supports natural language configuration, and offers headless access via MCP (exposing 319 tools) and REST API. In an independent evaluation against 481 requirements, Phave scored 2.97, outperforming HubSpot (2.46) and Marketo (2.38). Early enterprise customers include SambaNova, SPS Commerce, mabl, Servion, and Hypha.

• Jon Miller and Nick Bonfiglio founded Phave, an AI-powered B2B marketing automation platform.
• Phave emerged from stealth and reached general availability in August 2026, currently serving 10 companies.
• Phave uses AI reasoning models (via Maestro) and 'Playlists' to personalize and sequence marketing actions.