By Stephen Nakrosis
Shares of software company BigCommerce Holdings Inc. were trading lower after-hours Monday, following the release of fourth-quarter results which showed higher revenue and a wider loss.
At 5:19 p.m. ET, shares were trading 15.05% lower at $21.96. The stock finished the regular session with a 2.33% gain, closing at $25.90.
After the bell, BigCommerce reported a fourth-quarter loss per share of 48 cents on revenue of $64.9 million. Analysts were expecting a fourth-quarter loss per share of 22 cents, according to FactSet.
In the year-ago period, the company reported a loss per share of 21 cents on revenue of $43.1 million.
BigCommerce said its full-year revenue of $219.9 million rose 44% year-over-year. The company also said it is expecting 2022 total revenue between $271.6 million and $283.6 million.
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