SANTERAMO IN COLLE, Italy (AP) _ Natuzzi SpA (NTZ) on Friday reported a loss of $8.5 million in its first quarter.
The Santeramo In Colle, Italy-based company said it had a loss of 77 cents per share.
The furniture maker posted revenue of $91 million in the period.
In the final minutes of trading on Friday, the company's shares hit $1.14. A year ago, they were trading at $2.27.