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Invacare reports 4Q loss

ELYRIA, Ohio (AP) _ Invacare Corp. (IVC) on Wednesday reported a loss of $17.7 million in its fourth quarter.

The Elyria, Ohio-based company said it had a loss of 54 cents per share. Losses, adjusted for one-time gains and costs, came to 42 cents per share.

The wheelchair, crutches and motorized scooter company posted revenue of $250.4 million in the period.

For the year, the company reported that its loss widened to $76.5 million, or $2.34 per share. Revenue was reported as $966.5 million.

Invacare shares have climbed almost 2 percent since the beginning of the year. The stock has risen 52 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 IVC at https://www.zacks.com/ap/IVC