Commerce.com (CMRC) Reports Q4 Loss of 10c, Revenue Misses Estimate
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Commerce.com (CMRC) reported a fourth-quarter loss of $8.4 million, or 10 cents per share, with adjusted earnings of 7 cents per share, in line with analyst expectations. Revenue for the quarter totaled $89.5 million, below the $90.6 million forecast. For the year, the company recorded a loss of $19.3 million, or 24 cents per share, and revenue of $342.3 million. Management guided to revenue of $82.5–$83.5 million for Q1 and full-year revenue of $347.5–$369.5 million.
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