HIGHLAND HILLS, Ohio (AP) _ Olympic Steel Inc. (ZEUS) on Friday reported a loss of $890,000 in its fourth quarter.
On a per-share basis, the Highland Hills, Ohio-based company said it had a loss of 8 cents. Losses, adjusted for non-recurring gains, were 23 cents per share.
The steel maker posted revenue of $319.7 million in the period.
For the year, the company reported profit of $3.9 million, or 34 cents per share. Revenue was reported as $1.58 billion.
Olympic Steel shares have declined 27% since the beginning of the year. The stock has declined 33% 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 ZEUS at https://www.zacks.com/ap/ZEUS
Automated Insights, source Associated Press News