U.S. Markets close in 2 hrs 29 mins

Teekay: 1Q Earnings Snapshot

HAMILTON, Bermuda (AP) _ Teekay Corp. (TK) on Thursday reported a loss of $84.3 million in its first quarter.

On a per-share basis, the Hamilton, Bermuda-based company said it had a loss of 84 cents. Losses, adjusted for non-recurring costs, were 13 cents per share.

The oil and gas shipping company posted revenue of $481.2 million in the period. Its adjusted revenue was $378.1 million.

The company's shares closed at $4.21. A year ago, they were trading at $7.89.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TK at https://www.zacks.com/ap/TK