U.S. Markets closed

Natuzzi: 4Q Earnings Snapshot

SANTERAMO IN COLLE, Italy (AP) _ Natuzzi SpA (NTZ) on Wednesday reported a loss of $14 million in its fourth quarter.

The Santeramo In Colle, Italy-based company said it had a loss of $1.26 per share.

The furniture maker posted revenue of $131.5 million in the period.

For the year, the company reported net income of $39.3 million, or $3.60 per share, swinging to a profit in the period. Revenue was reported as $506.1 million.

In the final minutes of trading on Wednesday, the company's shares hit $4.90. A year ago, they were trading at $8.25.


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