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Amber Road: 1Q Earnings Snapshot

EAST RUTHERFORD, N.J. (AP) _ Amber Road Inc. (AMBR) on Thursday reported a loss of $3.2 million in its first quarter.

The East Rutherford, New Jersey-based company said it had a loss of 11 cents per share. Losses, adjusted for stock option expense, came to 4 cents per share.

The software maker posted revenue of $20.1 million in the period.

For the current quarter ending in July, Amber Road expects its results to range from a loss of 8 cents per share to a loss of 6 cents per share.

The company said it expects revenue in the range of $20.4 million to $21 million for the fiscal second quarter.

Amber Road expects full-year results to range from a loss of 26 cents per share to a loss of 15 cents per share, with revenue ranging from $84 million to $87 million.

Amber Road shares have climbed 28 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.36, a rise of 21 percent in the last 12 months.


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