PLANO, Texas (AP) _ J.C. Penney Co. (JCPNQ) on Thursday reported a loss of $368 million in its fiscal third quarter.

The Plano, Texas-based company said it had a loss of $1.13 per share. Losses, adjusted for non-recurring costs, came to 82 cents per share.

The department store operator posted revenue of $1.76 billion in the period.

In the final minutes of trading on Thursday, the company's shares hit 18 cents. A year ago, they were trading at $1.17.

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