U.S. Markets open in 3 hrs 10 mins

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