Ellomay: 4Q Earnings Snapshot

Ellomay: 4Q Earnings Snapshot

Associated Press
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TEL AVIV, Israel (AP) _ Ellomay Capital Ltd. (ELLO) on Friday reported net income of $771,000 in its fourth quarter.

On a per-share basis, the Tel Aviv, Israel-based company said it had net income of less than 1 cent.

The renewable energy provider posted revenue of $4.9 million in the period.

For the year, the company reported net income of $1.2 million, or 11 cents per share, swinging to a profit in the period. Revenue was reported as $20.7 million.

Ellomay shares have dropped slightly since the beginning of the year. The stock has declined slightly more than 2 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 ELLO at https://www.zacks.com/ap/ELLO

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