SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — A.k.a. Brands Holding Corp. (AKA) on Thursday reported a loss of $9.4 million in its fourth quarter.
The San Francisco-based company said it had a loss of 88 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.
The portfolio of online fashion brands posted revenue of $159 million in the period, which met Street forecasts.
For the year, the company reported that its loss narrowed to $26 million, or $2.46 per share. Revenue was reported as $574.7 million.
For the current quarter ending in March, a.k.a. Brands said it expects revenue in the range of $121 million to $124 million.
The company expects full-year revenue in the range of $600 million to $610 million.
A.k.a. Brands shares have fallen 19% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $15.21, a rise of 25% 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 AKA at https://www.zacks.com/ap/AKA
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