Quotient Tech: 3Q Earnings Snapshot

November 6, 2019 GMT

MOUNTAIN VIEW, Calif. (AP) _ Quotient Technology Inc. (QUOT) on Wednesday reported a loss of $10.4 million in its third quarter.

The Mountain View, California-based company said it had a loss of 12 cents per share. Losses, adjusted for stock option expense, came to 3 cents per share.

The digital coupons company posted revenue of $114.8 million in the period.

For the current quarter ending in December, Quotient Tech said it expects revenue in the range of $107.4 million to $111.4 million.

The company expects full-year revenue in the range of $425 million to $429 million.

Quotient Tech shares have decreased 11% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $9.53, a fall of 26% 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 QUOT at https://www.zacks.com/ap/QUOT