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.