Securitize (SECZ) reported a Q2 net loss late Wednesday of $2.37 per diluted share, widening from a loss of $0.65 a year earlier.
Four analysts polled by FactSet expected a loss of $0.15.
Revenue for the quarter ended June 30 was $14.4 million, down from $15.3 million a year earlier.
Four analysts expected $20.6 million.
Shares of Securitize fell nearly 19% in after-hours activity.