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Evine Live: Fiscal 4Q Earnings Snapshot

EDEN PRAIRIE, Minn. (AP) _ Evine Live Inc. (EVLV) on Wednesday reported a fiscal fourth-quarter loss of $10 million, after reporting a profit in the same period a year earlier.

The Eden Prairie, Minnesota-based company said it had a loss of 15 cents per share.

The home shopping company posted revenue of $157.6 million in the period.

For the year, the company reported a loss of $22.2 million, or 34 cents per share, swinging to a loss in the period. Revenue was reported as $596.6 million.

For the current quarter ending in May, Evine Live said it expects revenue in the range of $134.5 million to $137.5 million.

The company's shares closed at 40 cents. A year ago, they were trading at $1.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EVLV at https://www.zacks.com/ap/EVLV