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Systemax reports 4Q loss

PORT WASHINGTON, N.Y. (AP) _ Systemax Inc. (SYX) on Tuesday reported a loss of $2.1 million in its fourth quarter.

The Port Washington, New York-based company said it had a loss of 6 cents per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, came to 8 cents per share.

The technology products marketer posted revenue of $414.7 million in the period.

For the year, the company reported that its loss narrowed to $32.6 million, or 87 cents per share. Revenue was reported as $1.68 billion.

Systemax shares have dropped almost 10 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $7.90, a decline of 10 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 SYX at https://www.zacks.com/ap/SYX


Keywords: Systemax, Earnings Report