February 9, 2017 / 1:48 PM / 6 months ago

BRIEF-U.S. Postal Service posts Q1 net loss of about $200 mln

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Feb 9 (Reuters) - U.S. Postal service:

* U.S. Postal service posts net loss of approximately $200 million for q1 of fiscal year 2017

* U.S. Postal service - excluding effects of change in workers' compensation liability, posted net loss of about $200 million for q1 2017

* U.S. Postal service - qtrly shipping and packages business experienced revenue growth of $701 million, or 14.7 percent over same period in prior year

* U.S. Postal service - "postal service continues to operate within an unsustainable business model"

* U.S. Postal Service ceo - "our current financial situation is serious, but solvable"

* U.S. Postal service - qtrly total revenue $19.19 billion versus $19.35 billion Source text for Eikon:

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