SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — The RealReal Inc. (REAL) on Thursday reported a loss of $38.8 million in its fourth quarter.
The San Francisco-based company said it had a loss of 33 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 6 cents per share.
The online luxury consignment site posted revenue of $194.1 million in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $190.3 million.
For the year, the company reported a loss of $41.8 million, or 70 cents per share. Revenue was reported as $692.8 million.
For the current quarter ending in March, The RealReal said it expects revenue in the range of $185 million to $189 million.
The company expects full-year revenue in the range of $765 million to $780 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 REAL at https://www.zacks.com/ap/REAL
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