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Matson: 2Q Earnings Snapshot

August 5, 2020 GMT

HONOLULU (AP) _ Matson Inc. (MATX) on Wednesday reported second-quarter profit of $32.8 million.

On a per-share basis, the Honolulu-based company said it had net income of 76 cents.

The ocean transportation and logistics services company posted revenue of $524.1 million in the period.

Matson shares have fallen almost 8% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $37.57, a climb of slightly more than 2% in the last 12 months.

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