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B Communications: 2Q Earnings Snapshot

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.

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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