HOUSTON (AP) _ Vroom, Inc. (VRM) on Monday reported a loss of $51.1 million in its third quarter.
The Houston-based company said it had a loss of 37 cents per share. Losses, adjusted for non-recurring gains, came to 64 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 59 cents per share.
The company posted revenue of $340.8 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $408.3 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a VRM">Zacks stock report on VRM at https://www.zacks.com/ap/VRM