VTEX: Q2 Earnings Snapshot

August 11, 2022 GMT

LONDON (AP) _ VTEX (VTEX) on Thursday reported a loss of $21.5 million in its second quarter.

The London-based company said it had a loss of 11 cents per share.

The company that helps retailers build e-commerce businesses posted revenue of $38.7 million in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $38 million.

For the current quarter ending in October, VTEX said it expects revenue in the range of $37 million to $38 million.

The company expects full-year revenue in the range of $158 million to $162 million.

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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 VTEX at https://www.zacks.com/ap/VTEX