MONTREAL (AP) _ Resolute Forest Products Inc. (RFP) on Thursday reported a fourth-quarter loss of $71 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Montreal-based company said it had a loss of 79 cents. Losses, adjusted for asset impairment costs, were 59 cents per share.
The maker of paper and wood products posted revenue of $668 million in the period.
For the year, the company reported a loss of $47 million, or 51 cents per share, swinging to a loss in the period. Revenue was reported as $2.92 billion.
The company's shares closed at $3.78. A year ago, they were trading at $9.19.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RFP at https://www.zacks.com/ap/RFP
Automated Insights, source Associated Press News