NEW YORK (AP) _ HRG Group Inc. (HRG) on Friday reported fiscal first-quarter net income of $507.4 million.
The New York-based company said it had net income of $2.51 per share. Losses, adjusted to account for discontinued operations and pretax gains, came to 48 cents per share.
The holding company posted revenue of $646.5 million in the period.
HRG shares have dropped roughly 4 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $16.29, a drop of almost 6 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HRG at https://www.zacks.com/ap/HRG
Automated Insights, source Associated Press News