A-Mark: Fiscal 4Q Earnings Snapshot

September 18, 2018

EL SEGUNDO, Calif. (AP) _ A-Mark Precious Metals Inc. (AMRK) on Tuesday reported a fiscal fourth-quarter loss of $3 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the El Segundo, California-based company said it had a loss of 43 cents.

The precious metals trading company posted revenue of $1.77 billion in the period.

For the year, the company reported a loss of $3.4 million, or 48 cents per share, swinging to a loss in the period. Revenue was reported as $7.61 billion.

A-Mark shares have fallen 6 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $13.76, a drop of 19 percent 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 AMRK at https://www.zacks.com/ap/AMRK

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