Mohawk Group: Q4 Earnings Snapshot

NEW YORK (AP) _ Mohawk Group Holdings, Inc. (MWK) on Monday reported a loss of $44.4 million in its fourth quarter.

The New York-based company said it had a loss of $2.12 per share. Losses, adjusted for non-recurring costs and to extinguish debt, were 33 cents per share.

The company posted revenue of $41.5 million in the period.

For the year, the company reported that its loss widened to $63.1 million, or $3.68 per share. Revenue was reported as $185.7 million.

Mohawk Group shares have more than doubled since the beginning of the year. In the final minutes of trading on Monday, shares hit $36.23, climbing ninefold 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 MWK at https://www.zacks.com/ap/MWK