PALO ALTO, Calif. (AP) — PALO ALTO, Calif. (AP) — Wealthfront Corp. (WLTH) on Wednesday reported a loss of $133.7 million in its fiscal fourth quarter.
On a per-share basis, the Palo Alto, California-based company said it had a loss of $1.31.
The investment manager largely for high net worth individuals and corporations posted revenue of $96.1 million in the period.
For the year, the company reported a loss of $42.1 million, or 76 cents per share. Revenue was reported as $365 million.
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