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Points International reports 4Q loss

TORONTO (AP) _ Points International Ltd. (PCOM) on Wednesday reported a fourth-quarter loss of $3.7 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Toronto-based company said it had a loss of 24 cents. Earnings, adjusted for asset impairment costs, were 9 cents per share.

The provider of technology for loyalty programs posted revenue of $82 million in the period.

For the year, the company reported a loss of $1.5 million, or 10 cents per share, swinging to a loss in the period. Revenue was reported as $321.8 million.

Points International shares have declined 0.5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.60, an increase of 3 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 PCOM at https://www.zacks.com/ap/PCOM


Keywords: Points International, Earnings Report