Navan: Fiscal Q2 Earnings Snapshot

PALO ALTO, Calif. (AP) — PALO ALTO, Calif. (AP) — Navan Inc. (NAVN) on Wednesday reported a loss of $29.1 million in its fiscal second quarter.

The Palo Alto, California-based company said it had a loss of 11 cents per share. Earnings, adjusted for one-time gains and costs, were 5 cents per share.

The operator of a cloud-based tech platform for travelers posted revenue of $232.8 million in the period.

For the current quarter ending in October, Navan said it expects revenue in the range of $253 million to $255 million.

The company expects full-year revenue in the range of $927 million to $933 million.

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