EL SEGUNDO, Calif. (AP) — EL SEGUNDO, Calif. (AP) — A-Mark Precious Metals Inc. (AMRK) on Thursday reported a fiscal first-quarter loss of $939,000, after reporting a profit in the same period a year earlier.
On a per-share basis, the El Segundo, California-based company said it had a loss of 4 cents. Earnings, adjusted for non-recurring costs, were 20 cents per share.
The precious metals trading company posted revenue of $3.68 billion in the period.
A-Mark shares have fallen almost 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $24.99, a drop of 34% in the last 12 months.
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