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Rightside Group reports 4Q loss

KIRKLAND, Wash. (AP) _ Rightside Group Ltd. (NAME) on Tuesday reported a loss of $21.3 million in its fourth quarter.

The Kirkland, Washington-based company said it had a loss of $1.09 per share. Losses, adjusted to account for discontinued operations, came to $1.13 per share.

The provider of domain-name services posted revenue of $14.9 million in the period.

For the year, the company reported that its loss widened to $33.3 million, or $1.73 per share. Revenue was reported as $62.1 million.

Rightside Group expects full-year revenue in the range of $58 million to $62 million.

Rightside Group shares have risen 1.5 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.39, a decline of nearly 2 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 NAME at https://www.zacks.com/ap/NAME


Keywords: Rightside Group, Earnings Report