AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Commerce.com, Inc. (CMRC) on Thursday reported a loss of $2.2 million in its third quarter.
On a per-share basis, the Austin, Texas-based company said it had a loss of 3 cents. Earnings, adjusted for stock option expense and amortization costs, were 8 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.
The company posted revenue of $86 million in the period.
For the current quarter ending in December, Commerce.com said it expects revenue in the range of $87.8 million to $92.8 million.
The company expects full-year revenue in the range of $340.6 million to $345.6 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 CMRC at https://www.zacks.com/ap/CMRC
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