LONDON (AP) — LONDON (AP) — VTEX (VTEX) on Tuesday reported a loss of $2.4 million in its first quarter.

The London-based company said it had a loss of 1 cent per share.

The company that helps retailers build e-commerce businesses posted revenue of $52.6 million in the period.

For the current quarter ending in June, VTEX said it expects revenue in the range of $54.5 million to $56 million.

The company expects full-year revenue in the range of $234 million to $243 million.

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