PASADENA, Calif. (AP) _ Guidance Software Inc. (GUID) on Monday reported a loss of $1.6 million in its fourth quarter.
On a per-share basis, the Pasadena, California-based company said it had a loss of 6 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 9 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The maker of software to help with forensics and investigations posted revenue of $29.5 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $28.7 million.
For the year, the company reported that its loss widened to $20.7 million, or 72 cents per share. Revenue was reported as $110.5 million.
Guidance Software expects full-year revenue in the range of $112 million to $118 million.
Guidance Software shares have increased slightly more than 1 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $7.17, a climb of 70 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GUID at https://www.zacks.com/ap/GUID
Keywords: Guidance Software, Earnings Report