HOUSTON (AP) — HOUSTON (AP) — MRC Global Inc. (MRC) on Friday reported a loss of $23 million in its fourth quarter.
The Houston-based company said it had a loss of 40 cents per share. Losses, adjusted to account for discontinued operations and non-recurring costs, were 8 cents per share.
The energy products distributor posted revenue of $664 million in the period.
For the year, the company reported profit of $55 million, or 30 cents per share. Revenue was reported as $3.01 billion.
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