Inc. reported Thursday a second-quarter net loss that was wider than expected and revenue that came up shy of forecasts, but an adjusted loss that beat, while the provider of flexible workspaces affirmed its full-year outlook. The net loss narrowed to $577 million, or 76 cents a share, from $889 million, or $6.12 a share, in the year-ago period. The number of shares used to calculate per-share losses increased 424% to 761.55 million. The FactSet per-share loss consensus was 58 cents. Revenue grew 37.4% to $815 million but was below the FactSet consensus of $824.3 million. Adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) was negative $134 million, a $315 million improvement from last year and less negative than the FactSet consensus of $158.2 million. The company had 777 locations supporting 917,000 desks and 658,000 physical memberships as of June 30, representing 72% occupancy and a 33% rise in memberships. The stock, which was still inactive in premarket trading, has tumbled 26.7% over the past three months while the S&P 500 has slipped 3.4%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.Weiter zum vollständigen Artikel bei "Market Watch"