Best: Q3 Earnings Snapshot
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HANGZHOU, China (AP) — HANGZHOU, China (AP) — Best Inc. (BEST) on Wednesday reported a loss of $24.4 million in its third quarter.
On a per-share basis, the Hangzhou, China-based company said it had a loss of $1.30. Losses, adjusted for stock option expense, were $1.21 per share.
The logistics company posted revenue of $305.2 million in the period.
In the final minutes of trading on Wednesday, the company's shares hit $2.52. A year ago, they were trading at $2.16.
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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
