PROVO, Utah (AP) _ Qualtrics International Inc. (XM) on Wednesday reported a loss of $256.4 million in its fourth quarter.
The Provo, Utah-based company said it had a loss of 43 cents per share. Earnings, adjusted for one-time gains and costs, were 3 cents per share.
The results met Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of 3 cents per share.
The developer of application software posted revenue of $389.1 million in the period, topping Street forecasts. Eight analysts surveyed by Zacks expected $381 million.
For the year, the company reported a loss of $1.06 billion, or $1.82 per share. Revenue was reported as $1.46 billion.
For the current quarter ending in March, Qualtrics expects its per-share earnings to range from 1 cent to 2 cents.
The company said it expects revenue in the range of $392 million to $394 million for the fiscal first quarter.
Qualtrics expects full-year earnings in the range of 20 cents to 24 cents per share, with revenue ranging from $1.66 billion to $1.67 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a XM">Zacks stock report on XM at https://www.zacks.com/ap/XM