💨 Abstract

Acco Brands Corp. reported a loss of $13.2 million in its first quarter, beating Wall Street expectations. The office supplies maker posted revenue of $317.4 million, falling short of forecasts. For the current quarter, Acco expects its per-share earnings to range from 28 cents to 32 cents. The company's shares closed at $3.86, down from $4.76 a year ago.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖