MIAMI (AP) _ World Fuel Services Corp. (INT) on Thursday reported a second-quarter loss of $10.2 million, after reporting a profit in the same period a year earlier.
The Miami-based company said it had a loss of 16 cents per share. Earnings, adjusted for one-time gains and costs, came to 13 cents per share.
The company that services ships, jets and trucks posted revenue of $3.16 billion in the period.
World Fuel Services shares have declined 47% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $22.88, a drop of 42% in the last 12 months.