HANGZHOU, China (AP) _ Best Inc. (BEST) on Wednesday reported a loss of $49.8 million in its third quarter.

The Hangzhou, China-based company said it had a loss of 64 cents per share. Losses, adjusted for stock option expense and to account for discontinued operations, were 59 cents per share.

The logistics company posted revenue of $285.3 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit 63 cents. A year ago, they were trading at $6.05.

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

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