LONDON (AP) — LONDON (AP) — VTEX (VTEX) on Tuesday reported a loss of $2.4 million in its third quarter.
The London-based company said it had a loss of 1 cent per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.
The company that helps retailers build e-commerce businesses posted revenue of $50.6 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $48.8 million.
For the current quarter ending in December, VTEX said it expects revenue in the range of $55 million to $57 million.
The company expects full-year revenue in the range of $196 million to $198 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 VTEX at https://www.zacks.com/ap/VTEX