NEW YORK (AP) _ MDC Partners Inc. (MDCA) on Friday reported a fourth-quarter loss of $81.6 million, after reporting a profit in the same period a year earlier.
The New York-based company said it had a loss of $1.46 per share. Losses, adjusted for non-recurring gains, were $1.48 per share.
The marketing communications company posted revenue of $393.7 million in the period.
For the year, the company reported a loss of $123.7 million, or $2.31 per share, swinging to a loss in the period. Revenue was reported as $1.48 billion.
The company's shares closed at $2.03. A year ago, they were trading at $7.70.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MDCA at https://www.zacks.com/ap/MDCA