NEW YORK (AP) — NEW YORK (AP) — Octave Specialty Group, Inc. (OSG) on Monday reported a loss of $30 million in its fourth quarter.
On a per-share basis, the New York-based company said it had a loss of 84 cents. Losses, adjusted for non-recurring costs, came to 2 cents per share.
The bond insurer posted revenue of $66.9 million in the period.
For the year, the company reported a loss of $261.7 million, or $5.93 per share. Revenue was reported as $251.2 million.
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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 OSG at https://www.zacks.com/ap/OSG