Newz(UNFI) on Tuesday reported earnings of $35 million in its fiscal fourth quarter. On a per-share basis, the Providence, Rhode Island-based company said it had net income of 57 cents. Earnings, adjusted for one-time gains and costs, came to 69 cents per share.
The organic and specialty foods distributor posted revenue of $7.64 billion in the period. For the year, the company reported profit of $84 million, or $1.34 per share. Revenue was reported as $31.15 billion.
United Natural expects full-year earnings in the range of $3 to $3.50 per share, with revenue in the range of $31.2 billion to $31.8 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNFI at https://www.zacks.com/ap/UNFI Source
SINGAPORE (AP) — SINGAPORE (AP) — Canaan Inc. (CAN) on Tuesday reported a loss of $97.6 million in its second quarter. The Singapore-based company said it had a loss of 13 cents per share.
Losses, adjusted for asset impairment costs, were 12 cents per share. The cryptocurrency-mining computer maker posted revenue of $31.9 million in the period. For the current quarter ending in September, Canaan said it expects revenue in the range of $11 million to $15 million.
Access a Zacks stock report on CAN at https://www.zacks.com/ap/CAN Source
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