GCP Applied Tech: 4Q Earnings Snapshot
CAMBRIDGE, Mass. (AP) _ GCP Applied Technologies Inc. (GCP) on Wednesday reported fourth-quarter earnings of $5.7 million.
On a per-share basis, the Cambridge, Massachusetts-based company said it had net income of 8 cents. Earnings, adjusted for one-time gains and costs, were 27 cents per share.
The specialty construction chemicals maker posted revenue of $258.3 million in the period.
For the year, the company reported profit of $46.3 million, or 64 cents per share. Revenue was reported as $1.01 billion.
GCP Applied Tech expects full-year earnings in the range of 79 cents to 95 cents per share.
GCP Applied Tech shares have declined 13% since the beginning of the year. The stock has fallen 25% in the last 12 months.