ZURICH (AP) — ZURICH (AP) — On Holding AG (ONON) on Tuesday reported a loss of $30.3 million in its fourth quarter.

On a per-share basis, the Zurich-based company said it had a loss of 9 cents. Losses, adjusted for stock option expense, came to 6 cents per share.

The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.

The running-shoe and apparel company posted revenue of $504.7 million in the period, which also did not meet Street forecasts. Eight analysts surveyed by Zacks expected $515.3 million.

For the year, the company reported profit of $88.6 million, or 28 cents per share. Revenue was reported as $2 billion.

On Holding expects full-year revenue of $2.54 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ONON at https://www.zacks.com/ap/ONON