SMYRNA, Tenn. (AP) _ Steel Connect, Inc (STCN) on Thursday reported a loss of $27.6 million in its fiscal third quarter.

On a per-share basis, the Smyrna, Tennessee-based company said it had a loss of 45 cents. Losses, adjusted for asset impairment costs, came to 12 cents per share.

The supply chain business process management services company posted revenue of $151.8 million in the period.

The company’s shares closed at $2.03. A year ago, they were trading at 53 cents.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on STCN at

The Associated Press

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