U.S. Markets open in 6 hrs 26 mins

Steel Partners: 3Q Earnings Snapshot

NEW YORK (AP) _ Steel Partners Holdings LP (SPLP) on Tuesday reported a loss of $2.9 million in its third quarter.

On a per-share basis, the New York-based company said it had a loss of 12 cents. Earnings, adjusted for asset impairment costs, came to $1.26 per share.

The diversified industrial company posted revenue of $396.3 million in the period.

Steel Partners expects full-year revenue in the range of $1.5 billion to $1.6 billion.

Steel Partners shares have fallen slightly more than 9% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $12.14, a drop of 19% 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