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UTi Worldwide Narrows Fiscal Quarter Loss

2015-06-05 16:07:24| Logistics - Topix.net

UTi Worldwide Inc. narrowed its loss for the fiscal 2016 first quarter to $35.4 million, or 35 cents per share, from the prior year period loss of $43.4 million that included one-time debt reduction costs. UTi, Long Beach, California, reported that revenue fell 6.8% to $973.3 million during the period ended April 30, 2015.

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