Merlin (MRLN) reported a Q2 net loss late Thursday of $1.40 per diluted share, widening from a loss of $0.23 a year earlier.

Four analysts polled by FactSet expected a loss of $0.28.

Revenue for the quarter ended June 30 was $2.2 million, down from $3.1 million a year earlier.

Four analysts expected $3.8 million.

Shares of Merlin fell 7% in after-hours trading.