SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — A.k.a. Brands Holding Corp. (AKA) on Wednesday reported a loss of $3.6 million in its second quarter.
On a per-share basis, the San Francisco-based company said it had a loss of 34 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 46 cents per share.
The portfolio of online fashion brands posted revenue of $160.5 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $156.4 million.
For the current quarter ending in September, a.k.a. Brands said it expects revenue in the range of $154 million to $158 million.
The company expects full-year revenue in the range of $608 million to $612 million.
A.k.a. Brands shares have declined 39% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $11.40, a fall of 27% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AKA at https://www.zacks.com/ap/AKA
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