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Thursday, February 8, 2018

-=ABB Ltd. (ABB) reported earnings on Thur 8 Feb 2018 (b/o)

ZURICH (AP) _ ABB Ltd. (ABB) on Thursday reported fourth-quarter net income of $393 million.
On a per-share basis, the Zurich-based company said it had net income of 18 cents. Earnings, adjusted for one-time gains and costs, came to 33 cents per share.
The industrial automation company posted revenue of $9.28 billion in the period.
For the year, the company reported profit of $2.21 billion, or $1.03 per share. Revenue was reported as $34.31 billion.
ABB shares have declined 2.5 percent since the beginning of the year.

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