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Steel Partners: 2Q Earnings Snapshot

NEW YORK (AP) _ Steel Partners Holdings LP (SPLP) on Thursday reported second-quarter net income of $21.1 million.

On a per-share basis, the New York-based company said it had net income of 61 cents.

The diversified industrial company posted revenue of $414.2 million in the period.

For the current quarter ending in October, Steel Partners said it expects revenue in the range of $386 million to $407 million.

The company expects full-year revenue in the range of $1.5 billion to $1.6 billion.

Steel Partners shares have risen 2% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $13.70, a drop of 20% 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 SPLP at https://www.zacks.com/ap/SPLP