GLEN ALLEN, Va. (AP) — GLEN ALLEN, Va. (AP) — Genworth Financial Inc. (GNW) on Tuesday reported a loss of $1 million in its fourth quarter.
The Glen Allen, Virginia-based company said it had a loss of less than 1 cent on a per-share basis. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 4 cents per share.
The financial services company posted revenue of $1.78 billion in the period. Its adjusted revenue was $1.82 billion.
For the year, the company reported profit of $299 million, or 68 cents per share. Revenue was reported as $7.28 billion.
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