Riskified: Q3 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Riskified Ltd. (RSKD) on Wednesday reported a loss of $9.7 million in its third quarter.

The New York-based company said it had a loss of 6 cents per share. Earnings, adjusted for stock option expense and amortization costs, were 3 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The provider of fraud-prevention services posted revenue of $78.8 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $74.9 million.

Riskified expects full-year revenue in the range of $322 million to $327 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RSKD at https://www.zacks.com/ap/RSKD