RICHMOND, Va. (AP) — RICHMOND, Va. (AP) — Genworth Financial Inc. (GNW) on Wednesday reported a loss of $212 million in its fourth quarter.
On a per-share basis, the Richmond, Virginia-based company said it had a loss of 47 cents. Losses, adjusted for non-recurring gains, were 51 cents per share.
The financial services company posted revenue of $1.91 billion in the period. Its adjusted revenue was $1.87 billion.
For the year, the company reported profit of $76 million, or 16 cents per share. Revenue was reported as $7.47 billion.
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