Textura Q1 Loss Widens - Quick Facts

(RTTNews) - Textura Corporation (TXTR) reported that its first-quarter loss to stockholders widened to $6.67 million or $0.27 per share, from a loss of $5.36 million or $0.62 per share, last year. Adjusted net loss was $4.76 million or $0.19 per share, for the quarter.

Revenues rose year-over-year to $12.00 million, from $6.77 million. Organic revenue increased by 50% year over year. For fiscal 2014, Textura continues to expect revenue in the range of $57.5 million to $60.5 million. Adjusted loss per share is expected to be in the range of $0.55-$0.62. GAAP net loss per share is expected to be in the range of $1.00-$1.07.

For the second quarter, Textura expects to report: revenue in the range of $13.7 million to $14.0 million; adjusted loss per share in the range of $0.20-$0.22; and GAAP net loss per share in the range of $0.33-$0.35.