Steel Connect: Fiscal 1Q Earnings Snapshot
WALTHAM, Mass. (AP) _ Steel Connect, Inc (STCN) on Monday reported a loss of $7.4 million in its fiscal first quarter.
On a per-share basis, the Waltham, Massachusetts-based company said it had a loss of 13 cents. Losses, adjusted for amortization costs, came to 2 cents per share.
The supply chain business process management services company posted revenue of $215.1 million in the period.
The company’s shares closed at $1.57. A year ago, they were trading at $2.31.