Iamgold: Q4 Earnings Snapshot

Associated Press Finance
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TORONTO (AP) — TORONTO (AP) — Iamgold Corp. (IAG) on Thursday reported a loss of $9.4 million in its fourth quarter.

The Toronto-based company said it had a loss of 2 cents per share. Earnings, adjusted for non-recurring costs, were 6 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The gold and niobium mining company posted revenue of $297.6 million in the period.

For the year, the company reported profit of $94.3 million, or 19 cents per share. Revenue was reported as $987.1 million.

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

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