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Smaller Tyco posts quarterly net loss
November 14, 2012 / 11:12 AM / 5 years ago

Smaller Tyco posts quarterly net loss

Nov 14 (Reuters) - Tyco, a provider of commercial fire and security systems and services, reported a quarterly net loss in its first report as a stand-alone company since the breakup of the Tyco International conglomerate.

Tyco reported a net loss of $629 million, or $1.36 per share, for the fourth quarter ended on Sept. 28, compared with a year-earlier profit of $174 million, or 37 cents per share.

Excluding special items, Tyco showed a profit of 33 cents a share.

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