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.

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

The Associated Press

The post Steel Connect: Fiscal Q3 Earnings Snapshot appeared first on 660 NEWS.

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