EL SEGUNDO, Calif. (AP) — EL SEGUNDO, Calif. (AP) — A-Mark Precious Metals Inc. (AMRK) on Thursday reported fiscal fourth-quarter net income of $28.6 million.
On a per-share basis, the El Segundo, California-based company said it had net income of $1.20. Earnings, adjusted for non-recurring gains, came to 85 cents per share.
The precious metals trading company posted revenue of $2.52 billion in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $2.64 billion.
For the year, the company reported profit of $66.2 million, or $2.75 per share. Revenue was reported as $9.7 billion.
A-Mark shares have climbed 18% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $35.71, a rise of 2% 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 AMRK at https://www.zacks.com/ap/AMRK
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