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Best: 3Q Earnings Snapshot

·1 min read

HANGZHOU, China (AP) _ Best Inc. (BEST) on Thursday reported a loss of $93.3 million in its third quarter.

On a per-share basis, the Hangzhou, China-based company said it had a loss of 24 cents. Losses, adjusted for one-time gains and costs, were 23 cents per share.

The logistics company posted revenue of $1.28 billion in the period.

In the final minutes of trading on Thursday, the company's shares hit $3. A year ago, they were trading at $5.64.

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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 BEST at https://www.zacks.com/ap/BEST