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Westaim reports 4Q loss

TORONTO (AP) _ Westaim Corp. (WEDXF) on Thursday reported a loss of $900,000 in its fourth quarter.

The Toronto-based company said it had a loss of 1 cent per share.

The investment company posted revenue of $700,000 in the period.

For the year, the company reported a loss of $8.3 million, or 6 cents per share, swinging to a loss in the period. Revenue was reported as $2.7 million.

In the final minutes of trading on Thursday, the company's shares hit $2.11. A year ago, they were trading at $2.05.


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


Keywords: Westaim, Earnings Report