Riskified: Q4 Earnings Snapshot

TEL AVIV-YAFO, Israel (AP) — TEL AVIV-YAFO, Israel (AP) — Riskified Ltd. (RSKD) on Tuesday reported a loss of $3.3 million in its fourth quarter.

On a per-share basis, the Tel aviv-Yafo, Israel-based company said it had a loss of 2 cents. Earnings, adjusted for stock option expense and amortization costs, came to 7 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

The provider of fraud-prevention services posted revenue of $84.1 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $83.9 million.

For the year, the company reported a loss of $59 million, or 33 cents per share. Revenue was reported as $297.6 million.

Riskified expects full-year revenue in the range of $323 million to $335 million.

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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 RSKD at https://www.zacks.com/ap/RSKD