HANGZHOU, China (AP) _ Best Inc. (BEST) on Wednesday reported a loss of $45.6 million in its second quarter.

The Hangzhou, China-based company said it had a loss of 58 cents per share. Losses, adjusted for one-time gains and costs, were 54 cents per share.

The logistics company posted revenue of $287.6 million in the period.

The company's shares closed at $1.49. A year ago, they were trading at $5.20.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BEST at https://www.zacks.com/ap/BEST

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News