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KEYW reports 4Q loss

HANOVER, Md. (AP) _ The KEYW Holding Corp. (KEYW) on Wednesday reported a loss of $3.2 million in its fourth quarter.

The Hanover, Maryland-based company said it had a loss of 8 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

The provider of cybersecurity services to defense, intelligence and national security agencies posted revenue of $68.9 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $72.8 million.

For the year, the company reported that its loss narrowed to $25.7 million, or 63 cents per share. Revenue was reported as $288 million.

KEYW shares have declined 23 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $9.13, a rise of 32 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 KEYW at https://www.zacks.com/ap/KEYW


Keywords: KEYW Holding, Earnings Report