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Revlon Posts 4Q Profit

Revlon Inc. on Thursday reported fourth-quarter net income of $2.7 million, after reporting a loss in the same period a year earlier.
Emma Stone, Revlon brand ambassador | Source: Revlon
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  • Associated Press

NEW YORK, United States – Revlon Inc. on Thursday reported fourth-quarter net income of $2.7 million, after reporting a loss in the same period a year earlier.

The New York-based company said it had net income of 5 cents per share. Earnings, adjusted for one-time gains and costs, came to 10 cents per share.

The beauty products maker posted revenue of $501 million in the period.

For the year, the company reported net income of $40.9 million, or 78 cents per share, swinging to a profit in the period. Revenue was reported as $1.94 billion.

Revlon shares have decreased slightly more than 3 percent since the beginning of the year. The stock has risen 20 percent in the last 12 months.

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