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Invacare: 3Q Earnings Snapshot

·1 min read

ELYRIA, Ohio (AP) _ Invacare Corp. (IVC) on Thursday reported a loss of $7.3 million in its third quarter.

On a per-share basis, the Elyria, Ohio-based company said it had a loss of 21 cents. Losses, adjusted for amortization costs and to extinguish debt, came to 10 cents per share.

The wheelchair, crutches and motorized scooter company posted revenue of $211.9 million in the period.

Invacare expects full-year revenue of $840 million.

Invacare shares have fallen 20% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.18, a drop of 7% in the last 12 months.

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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 IVC at https://www.zacks.com/ap/IVC