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HC2 Holdings: 4Q Earnings Snapshot

NEW YORK (AP) _ HC2 Holdings Inc. (HCHC) on Monday reported a loss of $31 million in its fourth quarter.

The New York-based company said it had a loss of 66 cents per share. Losses, adjusted for one-time gains and costs, came to 14 cents per share.

The diversified holding company posted revenue of $498.4 million in the period.

For the year, the company reported a loss of $31.5 million, or 66 cents per share, swinging to a loss in the period. Revenue was nearly unchanged at $1.98 billion.

In the final minutes of trading on Monday, the company's shares hit $2.28. A year ago, they were trading at $2.62.


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