Roadrunner: 4Q Earnings Snapshot
Editors Note Adds full-year results.
DOWNERS GROVE, Ill. (AP) _ Roadrunner Transportation Systems Inc. (RRTS) on Tuesday reported a loss of $58.4 million in its fourth quarter.
The Downers Grove, Illinois-based company said it had a loss of $1.52 per share. Losses, adjusted for restructuring costs and asset impairment costs, came to $1.30 per share.
The transportation and logistics services provider posted revenue of $551.5 million in the period.
For the year, the company reported that its loss widened to $165. million, or $4.30 per share. Revenue was reported as $2.22 billion.
The company's shares closed at 54 cents. A year ago, they were trading at $3.92.
By The Associated Press, Copyright 2019