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Pluralsight: 4Q Earnings Snapshot

FARMINGTON, Utah (AP) _ Pluralsight Inc. (PS) on Wednesday reported a loss of $15.3 million in its fourth quarter.

The Farmington, Utah-based company said it had a loss of 24 cents per share. Losses, adjusted for one-time gains and costs, came to 9 cents per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

The online education company posted revenue of $67.3 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $65.8 million.

For the year, the company reported a loss of $83.7 million, or 65 cents per share. Revenue was reported as $232 million.

For the current quarter ending in April, Pluralsight expects its results to range from a loss of 9 cents per share to a loss of 8 cents per share.

The company said it expects revenue in the range of $68 million to $68.5 million for the fiscal first quarter.

Pluralsight expects full-year results to range from a loss of 32 cents per share to a loss of 26 cents per share, with revenue ranging from $306 million to $314 million.

Pluralsight shares have risen 34 percent since the beginning of the year.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PS at https://www.zacks.com/ap/PS