PROVO, Utah (AP) _ Qualtrics International Inc. (XM) on Wednesday reported a loss of $309.8 million in its fourth quarter.

The Provo, Utah-based company said it had a loss of 56 cents per share. Losses, adjusted for one-time gains and costs, came to 7 cents per share.

The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.

The developer of application software posted revenue of $316 million in the period, which beat Street forecasts. Seven analysts surveyed by Zacks expected $297.1 million.

For the year, the company reported a loss of $1.06 billion, or $2.05 per share. Revenue was reported as $1.08 billion.

For the current quarter ending in April, Qualtrics said it expects revenue in the range of $324 million to $326 million.

The company expects full-year revenue in the range of $1.4 billion to $1.41 billion.

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

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