PHILADELPHIA (AP) _ Carpenter Technology Corp. (CRS) on Thursday reported a fiscal first-quarter loss of $47.1 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Philadelphia-based company said it had a loss of 98 cents. Losses, adjusted for non-recurring costs and restructuring costs, were 58 cents per share.

The maker of stainless steels and special alloys posted revenue of $353.3 million in the period.

Carpenter shares have decreased 66% since the beginning of the year. The stock has dropped 66% 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 CRS at https://www.zacks.com/ap/CRS

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News