China Finance Online: 4Q Earnings Snapshot
Posted May 28, 2020 07:42:05 PM.
Last Updated May 28, 2020 07:54:13 PM.
This article is more than 5 years old.
BEIJING (AP) _ China Finance Online Co. (JRJC) on Thursday reported a loss of $3.4 million in its fourth quarter.
On a per-share basis, the Beijing-based company said it had a loss of 15 cents. Losses, adjusted for non-recurring costs, came to 8 cents per share.
The financial information company posted revenue of $8.7 million in the period.
For the year, the company reported that its loss narrowed to $11.3 million, or 49 cents per share. Revenue was reported as $35.5 million.
China Finance Online shares have dropped 43% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.05, a decrease of 43% in the last 12 months.
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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 JRJC at https://www.zacks.com/ap/JRJC
The Associated Press
