U.S. Markets close in 4 hrs 56 mins

22nd Century reports 4Q loss

CLARENCE, N.Y. (AP) _ 22nd Century Group Inc. (XXII) on Wednesday reported a loss of $2.7 million in its fourth quarter.

On a per-share basis, the Clarence, New York-based company said it had a loss of 3 cents.

The plant biotechnology company posted revenue of $3.3 million in the period.

For the year, the company reported that its loss widened to $11.6 million, or 15 cents per share. Revenue was reported as $12.3 million.

In the final minutes of trading on Wednesday, the company's shares hit 92 cents. A year ago, they were trading at 90 cents.


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


Keywords: 22nd Century Group, Earnings Report