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Remark Media reports 4Q loss

LAS VEGAS (AP) _ Remark Media Inc. (MARK) on Thursday reported a loss of $8.6 million in its fourth quarter.

On a per-share basis, the Las Vegas-based company said it had a loss of 40 cents.

The global digital media company posted revenue of $15 million in the period.

For the year, the company reported that its loss widened to $31.7 million, or $1.54 per share. Revenue was reported as $59.3 million.

In the final minutes of trading on Thursday, the company's shares hit $3. A year ago, they were trading at $4.86.


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


Keywords: Remark Media, Earnings Report