GREENSBORO, N.C. (AP) _ Unifi Inc. (UFI) on Wednesday reported a fiscal fourth-quarter loss of $20.2 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Greensboro, North Carolina-based company said it had a loss of $1.10. Losses, adjusted for severance costs, came to $1.05 per share.
The polyester and nylon yarn maker posted revenue of $86.1 million in the period.
For the year, the company reported a loss of $57.2 million, or $3.10 per share, swinging to a loss in the period. Revenue was reported as $606.5 million.
Unifi shares have decreased 51% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $12.35, a decrease of 32% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UFI at https://www.zacks.com/ap/UFI
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