AZZ Inc. is a global provider of metal coatings services, welding solutions, specialty electrical equipment and highly engineered services. (PRNewsfoto/AZZ Inc.)
FORT WORTH, Texas (AP) _ AZZ Inc. (AZZ) on Friday reported fiscal fourth-quarter net income of $16.2 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Fort Worth, Texas-based company said it had profit of 63 cents. Earnings, adjusted for non-recurring gains, were 62 cents per share.
The electrical equipment maker posted revenue of $195.6 million in the period.
For the year, the company reported profit of $39.6 million, or $1.52 per share. Revenue was reported as $838.9 million.
AZZ expects full-year earnings to be $2.45 to $2.95 per share, with revenue in the range of $835 million to $935 million.
AZZ shares have increased 13% since the beginning of the year. The stock has increased 95% in the last 12 months.
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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 AZZ at https://www.zacks.com/ap/AZZ