LONDON (AP) — LONDON (AP) — VTEX (VTEX) on Tuesday reported fourth-quarter earnings of $3.2 million.
On a per-share basis, the London-based company said it had net income of 2 cents.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The company that helps retailers build e-commerce businesses posted revenue of $60.7 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $56.6 million.
For the year, the company reported a loss of $13.7 million, or 7 cents per share. Revenue was reported as $201.5 million.
For the current quarter ending in March, VTEX said it expects revenue in the range of $52.5 million to $53.5 million.
The company expects full-year revenue in the range of $234 million to $243 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