stitch fix inc shares plunged after hours tuesday after issuing guidance below expectations stitch fix sfix reported an increase in active clients betterthanexpected fiscal firstquarter revenue and a narrower loss but its shares sank about 20 in extended trading after rising more than 46 in the regular session to close at 2497 the company which sells clothing through subscriptions and more reported a firstquarter net loss of 18 million or 2 cents a share compared with net income of 95 million or 9 cents a share in the yearago period adjusted ebitda was 382 million revenue rose to 5812 million from 4904 million in the yearago quarter analysts surveyed by factset had forecast a net loss of 14 cents a share on revenue of 5708 million and adjusted ebitda of 175 million stitch fix expects secondquarter revenue of 505 million to 520 million and adjusted ebitda of between negative5 million and 5 million analysts had forecast a loss of 24 cents a share on revenue of 585 million and adjusted ebitda of 55 million the company also lowered its fullyear 2022 guidance its fiscal year ends july 30 saying it expects revenue growth at a high singledigit rate and adjusted ebitda margin to be between 1 and 2 shares of stitch fix have declined nearly 57 year to date while the sp 500 index spx has risen about 25 so far this year