SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — The RealReal Inc. (REAL) on Thursday reported a loss of $21.7 million in its fourth quarter.
On a per-share basis, the San Francisco-based company said it had a loss of 21 cents. Losses, adjusted for stock option expense and restructuring costs, were 7 cents per share.
The online luxury consignment site posted revenue of $143.4 million in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $142.8 million.
For the year, the company reported a loss of $168.5 million, or $1.65 per share. Revenue was reported as $549.3 million.
For the current quarter ending in March, The RealReal said it expects revenue in the range of $135 million to $145 million.
The company expects full-year revenue in the range of $580 million to $605 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on REAL at https://www.zacks.com/ap/REAL