PROVO, Utah (AP) _ Qualtrics International Inc. (XM) on Monday reported a loss of $233.5 million in its third quarter.
On a per-share basis, the Provo, Utah-based company said it had a loss of 40 cents. Earnings, adjusted for one-time gains and costs, came to 4 cents per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.
The developer of application software posted revenue of $377.5 million in the period, also surpassing street forecasts. Eight analysts surveyed by Zacks expected $358.7 million.
For the current quarter ending in December, Qualtrics expects its per-share earnings to range from 2 cents to 3 cents.
The company said it expects revenue in the range of $380 million to $382 million for the fiscal fourth quarter.
Qualtrics expects full-year earnings in the range of 4 cents to 5 cents per share, with revenue expected to be $1.45 billion.
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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 XM at https://www.zacks.com/ap/XM
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