Shutterfly Q2 Loss Widens - Quick Facts

(RTTNews) - Shutterfly, Inc. (SFLY) Wednesday said second-quarter loss widened to $27.05 million or $0.70 per share from $11.81 million or $0.31 per share in the same period last year.

On average, 12 analysts polled by Thomson Reuters expected the company to report a loss of $0.74 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $159.15 million from $133.46 million last year. Analysts expected revenues of $156.95 million.

Looking ahead to the third quarter, the company has forecast a loss in the range of $1.18 to $1.22 per share, with revenues in the order of $140.5 million to $143.5 million. Analysts currently expect the company to report a loss of $0.85 per share on third-quarter revenues of $144.11 million.

For the fiscal 2014, the company currently projects a loss in a range of $0.09 to $0.39 per share, with revenues in the range of $905.0 million to $920.0 million. Analysts currently expect the company to report full-year loss of $0.22 per share on revenues of $915.21 million.