Amber Road: 4Q Earnings Snapshot
Amber Road: 4Q Earnings Snapshot
EAST RUTHERFORD, N.J. (AP) _ Amber Road Inc. (AMBR) on Monday reported a loss of $2.6 million in its fourth quarter.
On a per-share basis, the East Rutherford, New Jersey-based company said it had a loss of 9 cents. Earnings, adjusted for stock option expense, were less than 1 cent on a per-share basis.
The software maker posted revenue of $21.9 million in the period.
For the year, the company reported that its loss widened to $13.6 million, or 49 cents per share. Revenue was reported as $85.2 million.
For the current quarter ending in April, Amber Road expects its results to range from a loss of 4 cents per share to a loss of 2 cents per share.
The company said it expects revenue in the range of $20.3 million to $20.9 million for the fiscal first quarter.
Amber Road expects full-year results to range from a loss of 6 cents per share to earnings of 4 cents per share, with revenue ranging from $88.7 million to $91.7 million.
Amber Road shares have increased 7 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $8.81, a climb of 28 percent in the last 12 months.
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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 AMBR at https://www.zacks.com/ap/AMBR