05:48 PM EDT, 03/12/2024 (MT Newswires) -- Allbirds ( BIRD ) reported a Q4 loss late Tuesday of $0.37 per diluted share, wider than a loss of $0.17 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.23.

Net revenue for the quarter that ended Dec. 31 was $72 million, down from $84.2 million a year earlier.

Analysts surveyed by Capital IQ expected $69.1 million.

The company said it expects Q1 net revenue of $37 million to $42 million and full-year 2024 net sales of $190 million to $210 million.

Analysts polled by Capital IQ expect $50.2 million and $246.5 million, respectively.

Shares of the company fell more than 15% in after-hours activity.

Price: 0.79, Change: -0.14, Percent Change: -15.06