TROY, Mich. (AP) _ Horizon Global Corp. (HZN) on Thursday reported a loss of $25.1 million in its first quarter.
On a per-share basis, the Troy, Michigan-based company said it had a loss of $1. Losses, adjusted for one-time gains and costs, came to 67 cents per share.
The towing and trailering equipment maker posted revenue of $209.7 million in the period.
The company's shares closed at $2.55. A year ago, they were trading at $5.69.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HZN at https://www.zacks.com/ap/HZN