Coveo Narrows Q2 Loss to $3.15 Million as Revenue Rises 8.3%

Coveo Solutions Inc. (CVO.TO) reported a second-quarter net loss of $3.15 million, or $0.03 per share, narrowing from a loss of $4.39 million, or $0.05 per share, a year earlier. Revenue for the period rose 8.3% to $40.44 million from $37.34 million last year, the company said. Looking ahead, Coveo guided third-quarter revenue to a range of $40.6 million to $41.1 million, and full-year revenue to between $160.0 million and $162.0 million.