SAN JOSE, Calif. (AP) _ ForeScout Technologies Inc. (FSCT) on Monday reported a loss of $61.2 million in its first quarter.

On a per-share basis, the San Jose, California-based company said it had a loss of $1.26. Losses, adjusted for stock option expense and costs related to mergers and acquisitions, were 67 cents per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 39 cents per share.

The cybersecurity company posted revenue of $57.2 million in the period.

ForeScout shares have fallen 2% since the beginning of the year. In the final minutes of trading on Monday, shares hit $32.14, a drop of 26% 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 FSCT at https://www.zacks.com/ap/FSCT

Automated Insights, source Associated Press News