UTi Worldwide Inc. (UTIW) reported a fourth quarter loss of 1.02 per share after the close Tuesday, compared to the loss of $0.53 per share last year. Analysts expected a loss of $0.08 per share. The stock is now down 1.30 on 116K shares.
UTi Worldwide declined throughout the first 2 hours of trade Tuesday and finished with a loss of 0.24 at $12.30 on above average volume. The stock slipped to over a 1-month low.
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