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Hydrogenics reports 4Q loss

MISSISSAUGA, Ontario (AP) _ Hydrogenics Corp. (HYGS) on Thursday reported a loss of $1.1 million in its fourth quarter.

The Mississauga, Ontario-based company said it had a loss of 7 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.

The hydrogen fuel cell maker posted revenue of $19.5 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $16.4 million.

For the year, the company reported that its loss widened to $11.1 million, or 80 cents per share. Revenue was reported as $48.1 million.

Hydrogenics shares have dropped 21 percent since the beginning of the year. The stock has risen 43 percent in the last 12 months.


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