LONDON (AP) _ FMC Technologies Inc. (FTI) on Wednesday reported a loss of $3.9 million in its third quarter.

On a per-share basis, the London-based company said it had a loss of 1 cent. Earnings, adjusted for non-recurring costs and asset impairment costs, were 16 cents per share.

The results missed Wall Street expectations. The average estimate of 18 analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.

The provider of equipment and services to energy companies posted revenue of $3.34 billion in the period, beating Street forecasts. Twenty-four analysts surveyed by Zacks expected $3.29 billion.

FMC Technologies shares have dropped 66% since the beginning of the year, while the Standard & Poor's 500 index has risen slightly more than 6%. In the final minutes of trading on Wednesday, shares hit $7.21, a fall of 69% 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 FTI at https://www.zacks.com/ap/FTI

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