Octave Specialty: Q4 Financial Results Overview

Octave Specialty Group, Inc. Reports Fourth Quarter Financial Results

Octave Specialty Group, Inc. (OSG), headquartered in New York, announced on Monday that it recorded a net loss of $30 million for its fourth quarter.

The company reported a quarterly loss of 84 cents per share. After excluding one-time expenses, the adjusted loss was 2 cents per share.

During this period, OSG generated $66.9 million in revenue.

Looking at the full fiscal year, OSG reported a total net loss of $261.7 million, which equates to $5.93 per share. Annual revenue reached $251.2 million.

This article was produced by Automated Insights using financial data from Zacks Investment Research.