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Omnova reports 4Q loss

BEACHWOOD, Ohio (AP) _ Omnova Solutions Inc. (OMN) on Wednesday reported a loss of $92.9 million in its fiscal fourth quarter.

The Beachwood, Ohio-based company said it had a loss of $2.10 per share. Earnings, adjusted for non-recurring costs and asset impairment costs, came to 10 cents per share.

The chemical maker posted revenue of $186.3 million in the period.

For the year, the company reported that its loss widened to $87.8 million, or $1.98 per share. Revenue was reported as $783.1 million.

Omnova shares have fallen 4.5 percent since the beginning of the year. The stock has climbed nearly 5 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 OMN at https://www.zacks.com/ap/OMN