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Steel Partners reports 4Q loss

NEW YORK (AP) _ Steel Partners Holdings LP (SPLP) on Tuesday reported a fourth-quarter loss of $15.4 million, after reporting a profit in the same period a year earlier.

The New York-based company said it had a loss of 59 cents per share.

The diversified industrial company posted revenue of $318.5 million in the period.

For the year, the company reported profit of $6.6 million, or 25 cents per share. Revenue was reported as $1.16 billion.

Steel Partners shares have risen 18 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $18.30, a rise of 31 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 SPLP at https://www.zacks.com/ap/SPLP


Keywords: Steel Partners, Earnings Report