RAMAT GAN, Israel (AP) _ B Communications Ltd. (BCOM) on Monday reported a second-quarter loss of $86 million, after reporting a profit in the same period a year earlier.
The Ramat Gan, Israel-based company said it had a loss of $2.89 per share. Losses, adjusted for asset impairment costs, were 47 cents per share.
The Israeli telecommunications holding company posted revenue of $639 million in the period.
B Communications shares have fallen 47 percent since the beginning of the year. The stock has declined 32 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BCOM at https://www.zacks.com/ap/BCOM