SAN FRANCISCO (AP) _ Shift Technologies, Inc. (SFT) on Tuesday reported a loss of $52.2 million in its second quarter.

The San Francisco-based company said it had a loss of 64 cents per share. Losses, adjusted for non-recurring costs and severance costs, were 59 cents per share.

The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 56 cents per share.

The company posted revenue of $223.7 million in the period, also falling short of Street forecasts. Seven analysts surveyed by Zacks expected $234 million.

Shift Tech expects full-year revenue in the range of $690 million to $710 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFT at https://www.zacks.com/ap/SFT

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