SAN FRANCISCO (AP) _ The RealReal Inc. (REAL) on Monday reported a loss of $25.3 million in its third quarter.
The San Francisco-based company said it had a loss of 30 cents per share. Losses, adjusted for stock option expense, were 27 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 29 cents per share.
The online luxury consignment site posted revenue of $80.5 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $75.5 million.