AP NEWS

Armstrong Flooring: 4Q Earnings Snapshot

March 3, 2020 GMT

LANCASTER, Pa. (AP) _ Armstrong Flooring Inc. (AFI) on Tuesday reported a loss of $25.1 million in its fourth quarter.

On a per-share basis, the Lancaster, Pennsylvania-based company said it had a loss of $1.14. Losses, adjusted for one-time gains and costs, were $1.05 per share.

The flooring maker and seller posted revenue of $141.3 million in the period.

For the year, the company reported that its loss narrowed to $58.5 million, or $2.42 per share. Revenue was reported as $626.3 million.

The company’s shares closed at $2.44. A year ago, they were trading at $14.53.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AFI at https://www.zacks.com/ap/AFI