Infrastructure and Energy Alternatives: Q4 Earnings Snapshot
INDIANAPOLIS (AP) _ Infrastructure and Energy Alternatives, Inc. (IEA) on Monday reported a fourth-quarter loss of $1.4 million, after reporting a profit in the same period a year earlier.
The Indianapolis-based company said it had a loss of 10 cents per share.
The company posted revenue of $391.9 million in the period.
For the year, the company reported net income of $728,000, or 9 cents per share, swinging to a profit in the period. Revenue was reported as $1.75 billion.
Infrastructure and Energy Alternatives shares have decreased 20% since the beginning of the year. In the final minutes of trading on Monday, shares hit $13.21, more than quadrupling in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IEA at https://www.zacks.com/ap/IEA