Amber Road: 3Q Earnings Snapshot

Associated Press |

EAST RUTHERFORD, N.J. (AP) _ Amber Road Inc. (AMBR) on Thursday reported a loss of $1.6 million in its third quarter.

On a per-share basis, the East Rutherford, New Jersey-based company said it had a loss of 6 cents. Earnings, adjusted for stock option expense, came to 3 cents per share.

The software maker posted revenue of $22.2 million in the period.

For the current quarter ending in December, Amber Road expects its results to range from a loss of 5 cents per share to a loss of 3 cents per share.

The company expects full-year results to range from a loss of 10 cents per share to a loss of 8 cents per share.

Amber Road shares have risen 27 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.31, a rise of 31 percent 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 AMBR at https://www.zacks.com/ap/AMBR

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