Shutterfly Q2 Loss Widens - Quick Facts

(RTTNews) - Shutterfly Inc. (SFLY) reported a second-quarter net loss of $11.8 million or $0.31 per share, compared to a loss of $9.5 million or $0.27 per share, in the second quarter of 2012. Non-GAAP net loss per share was $0.29 for the quarter.

On average, 11 analysts polled by Thomson Reuters expected the company to report a loss of $0.54 per share for the quarter. Analysts' estimates typically exclude special items.

Net revenues totaled $133.5 million, a 35% year-over-year increase. Analysts expected revenue of $121.99 million for the quarter.

The company expects third-quarter net revenues to range from $115.5 million to $117.5 million, GAAP net loss per share to range from $0.63 to $0.67, and non-GAAP net loss per share to range from $0.58 to $0.62. Analysts expect the company to report third-quarter loss per share of $0.49 on revenue of $119.52 million.

The company expects full year 2013: net revenues to range from $776.0 million to $781.0 million, net income per share to range from $0.08 to $0.19, and Non-GAAP net income per share to range from $0.23 to $0.33. Analysts expect the company to report full year profit per share of $0.33 on revenue of $771.40 million.