News

XO Group posts loss of $2.2 million in 4th quarter

NEW YORK, N.Y. – NEW YORK (AP) _ XO Group Inc. (XOXO) on Thursday reported a loss of $2.2 million in its fourth quarter.

On a per-share basis, the New York-based company said it had a loss of 9 cents. Earnings, adjusted for non-recurring costs, came to 11 cents per share.

The newlywed and pregnancy website operator posted revenue of $38.1 million in the period.

For the year, the company reported profit of $5.5 million, or 21 cents per share. Revenue was reported as $141.6 million.

XO Group shares have declined 13 per cent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $13.99, a fall of 11 per cent 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 XOXO at http://www.zacks.com/ap/XOXO

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Keywords: XO Group, Earnings Report