business

GSV Money reports 4Q loss

WOODSIDE, Calif. (AP) _ GSV Cash Corp. (GSVC) on Tuesday noted a decline of $ 2.five million in its fourth quarter.

The Woodside, California-primarily based organization mentioned it had a decline of 12 cents for every share. Losses, altered for investment decision gains, came to 17 cents for each share.

For the 12 months, the company reported net revenue of $ 17.6 million, or eighty cents per share, swinging to a revenue in the period of time. Income was documented as $ 853,000.

GSV Money shares have risen 68 per cent given that the beginning of the 12 months. In the ultimate minutes of investing on Tuesday, shares hit $ 9.18, a climb of 70 p.c in the previous 12 months.

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This story was created by Automatic Insights (http://automatedinsights.com/ap) making use of information from Zacks Investment Investigation. Entry a Zacks inventory report on GSVC at https://www.zacks.com/ap/GSVC