REDWOOD CITY, Calif. (AP) _ Rocket Fuel Inc. (FUEL) on Tuesday reported a loss of $17.5 million in its fourth quarter.
On a per-share basis, the Redwood City, California-based company said it had a loss of 38 cents. Losses, adjusted for restructuring costs and stock option expense, were 9 cents per share.
The advertising technology company posted revenue of $124.8 million in the period.
For the year, the company reported that its loss narrowed to $65.7 million, or $1.47 per share. Revenue was reported as $456.3 million.
In the final minutes of trading on Tuesday, the company's shares hit $2.55. A year ago, they were trading at $2.78.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FUEL at https://www.zacks.com/ap/FUEL
Keywords: Rocket Fuel, Earnings Report