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Quotient Tech: 2Q Earnings Snapshot

MOUNTAIN VIEW, Calif. (AP) _ Quotient Technology Inc. (QUOT) on Tuesday reported a loss of $3.9 million in its second quarter.

The Mountain View, California-based company said it had a loss of 4 cents per share. Earnings, adjusted for one-time gains and costs, came to 1 cent per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 1 cent per share.

The digital coupons company posted revenue of $104.7 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $103.9 million.

For the current quarter ending in October, Quotient Tech said it expects revenue in the range of $108 million to $112 million.

The company expects full-year revenue in the range of $422 million to $432 million.

Quotient Tech shares have decreased 5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $10.15, a drop of 26% 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 QUOT at https://www.zacks.com/ap/QUOT