Vale Q4 Loss Widens, Revenue Rises; Shares Down Pre-Bell

MT Newswires Live

02/13

Vale (VALE) reported a Q4 net loss Thursday of $0.90 per diluted share, widening from a $0.16 loss a year earlier.

Net operating revenue for the quarter was $11.06 billion, compared with $10.12 billion a year earlier.

Analysts polled by FactSet expected $11.01 billion.

The company's shares were down 1.3% in recent premarket activity Friday.

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