Emergent Capital reports 4Q loss

Associated Press |

VANCOUVER, British Columbia (AP) _ Emergent Capital Inc. (EMGC) on Tuesday reported a loss of $2.9 million in its fourth quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 2 cents.



For the year, the company reported that its loss narrowed to $3.5 million, or 4 cents per share. Revenue was reported as $51.9 million.

In the final minutes of trading on Tuesday, the company's shares hit 39 cents. A year ago, they were trading at 32 cents.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EMGC at https://www.zacks.com/ap/EMGC

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments