Knoll: 4Q Earnings Snapshot
EAST GREENVILLE, Pa. (AP) _ Knoll Inc. (KNL) on Wednesday reported a fourth-quarter loss of $600,000, after reporting a profit in the same period a year earlier.
On a per-share basis, the East Greenville, Pennsylvania-based company said it had a loss of 5 cents. Earnings, adjusted for non-recurring costs, came to 14 cents per share.
The workplace furniture and textile maker posted revenue of $312.9 million in the period.
For the year, the company reported profit of $7.7 million, or 9 cents per share. Revenue was reported as $1.24 billion.
Knoll shares have risen 14% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $16.70, a drop of 36% in the last 12 months.