Smart Technologies posts 3rd-quarter loss of $49.5 million

CALGARY – CALGARY, Alberta (AP) _ Smart Technologies Inc. (SMT) on Thursday reported a fiscal third-quarter loss of $49.5 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Calgary, Alberta-based company said it had a loss of 41 cents. Losses, adjusted for one-time gains and costs, were 19 cents per share.

The maker of touch-screen interactive white boards posted revenue of $77.7 million in the period.

In the final minutes of trading on Thursday, the company’s shares hit 28 cents. A year ago, they were trading at $1.30.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on SMT at


Keywords: Smart Technologies, Earnings Report