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Guidance Software loss bigger than expected
May 2 (Reuters) - Digital software maker Guidance Software Inc reported a bigger-than-expected quarterly loss, sending its shares down 25 percent in after-hours trading.
Net loss widened to $6.5 million, or 26 cents per share, in the first quarter, from $3.6 million, or 15 cents per share, a year earlier.
Excluding items, the company lost 15 cents per share. Analysts on average had expected a loss of 3 cents per share, according to Thomson Reuters I/B/E/S.
Revenue marginally rose to $26.9 million, below the average analyst expectation of $30.2 million.
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