CHICAGO (AP) _ Cision Ltd. (CISN) on Thursday reported a fourth-quarter loss of $34.5 million, after reporting a profit in the same period a year earlier.
The Chicago-based company said it had a loss of 28 cents per share. Earnings, adjusted for non-recurring costs, came to 19 cents per share.
The media communication technology and analytics company posted revenue of $169 million in the period.
For the year, the company reported a loss of $123 million, or $1.63 per share. Revenue was reported as $631.6 million.
Cision expects full-year earnings in the range of 87 cents to 89 cents per share, with revenue in the range of $720 million to $730 million.
Cision shares have climbed almost 2 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $12.07, an increase of 21 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CISN at https://www.zacks.com/ap/CISN
Automated Insights, source Associated Press News