Market Overview

Planet Payment Posts Wider Q3 Net Loss

Related PLPM
Stocks Hitting 52-Week Lows
Mid-Day Movers: GORO, HALO, COCO, UEC, EVDY Moving Higher; RDEN, CALL, DXPE, FTEK Lower

Planet Payment (OTC: PLPM) posted a wider third-quarter net loss.

Planet Payment's quarterly net revenue rose around 3% to $9.9 million, from $9.7 million, in the year-ago period. Its quarterly net loss widened from $0.4 million to $4.0 million.

Planet Payment projects full year net revenue of $43.0 million to $43.5 million and net loss of $4.2 million to $4.7 million.

Planet Payment shares closed at $2.97 yesterday.

Posted-In: lossEarnings News

 

Related Articles (PLPM)

Around the Web, We're Loving...

Get Benzinga's Newsletters