Best: Q1 Earnings Snapshot
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HANGZHOU, China (AP) — HANGZHOU, China (AP) — Best Inc. (BEST) on Tuesday reported a loss of $35.6 million in its first quarter.
On a per-share basis, the Hangzhou, China-based company said it had a loss of $1.80. Losses, adjusted for stock option expense, were $1.71 per share.
The logistics company posted revenue of $249.8 million in the period.
Best expects full-year revenue in the range of $1.31 billion to $1.38 billion.
The company's shares closed at $2.55. A year ago, they were trading at $4.80.
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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
