TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — WalkMe Ltd. (WKME) on Wednesday reported a loss of $10.6 million in its fourth quarter.
The Tel Aviv, Israel-based company said it had a loss of 12 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 7 cents per share.
The operator of cloud-based digital adoption platform posted revenue of $67.9 million in the period.
For the year, the company reported a loss of $59.1 million, or 67 cents per share. Revenue was reported as $267 million.
For the current quarter ending in March, WalkMe said it expects revenue in the range of $67.6 million to $68.6 million.
The company expects full-year revenue in the range of $279 million to $283 million.
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, source Associated Press News