Amber Road Q1 Loss Widens; Issues Q2, FY14 Outlook - Quick Facts

(RTTNews) - Amber Road Inc. (AMBR) Tuesday reported first-quarter net loss attributable to common stockholders of $24.4 million or $3.95 per share, wider than $6.2 million or $1.68 per share in the comparable quarter last year.

Adjusted net loss for the latest first quarter narrowed to $0.8 million or $0.03 per share from $0.9 million or $0.25 per share in the prior year period.

Four analysts polled by Thomson Reuters expected the company to report a loss of $0.22 per share for the quarter. Analysts' estimates typically exclude one-time items.

Revenue for the latest first quarter rose to $14.99 million from $11.59 million last year, while 5 analysts estimated revenues of $13.64 million for the quarter.

Looking ahead to the second quarter, the company expects adjusted loss to be in the range of $0.13 to $0.14 per share on revenue of $15.1 million to $15.4 million. Analysts currently expect loss of $0.13 per share on revenue of $15.05 per share.

For fiscal year 2014, the company expects adjusted loss to be in the range of $0.32 to $0.35 per share on revenue of $62.2 million to $63 million. Analysts expect loss of $0.48 per share on revenue of $61.15 million for the year.