AP NEWS

Steel Connect: Fiscal 3Q Earnings Snapshot

June 6, 2019

WALTHAM, Mass. (AP) _ Steel Connect, Inc (STCN) on Thursday reported a loss of $9.6 million in its fiscal third quarter.

On a per-share basis, the Waltham, Massachusetts-based company said it had a loss of 17 cents.

The supply chain business process management services company posted revenue of $194 million in the period.

In the final minutes of trading on Thursday, the company’s shares hit $1.81. A year ago, they were trading at $2.19.

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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 STCN at https://www.zacks.com/ap/STCN

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