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A.k.a. Brands: Q2 Earnings Snapshot - WTOP News


A.k.a. Brands: Q2 Earnings Snapshot - WTOP News

SAN FRANCISCO (AP) -- SAN FRANCISCO (AP) -- A.k.a. Brands Holding Corp. (AKA) on Wednesday reported a loss of $2.3 million in its second quarter.

On a per-share basis, the San Francisco-based company said it had a loss of 22 cents.

The portfolio of online fashion brands posted revenue of $148.9 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $134.9 million.

For the current quarter ending in September, a.k.a. Brands said it expects revenue in the range of $141 million to $145 million.

The company expects full-year revenue in the range of $560 million to $565 million.

A.k.a. Brands shares have increased 80% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $14.47, more than doubling 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

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

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