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EL SEGUNDO, Calif. (AP) _ Aerojet Rocketdyne Holdings Inc. (AJRD) on Thursday reported fourth-quarter profit of $35.4 million.
On a per-share basis, the El Segundo, California-based company said it had profit of 43 cents.
The aerospace and defense company posted revenue of $556.5 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $553.6 million.
For the year, the company reported profit of $137.7 million, or $1.66 per share. Revenue was reported as $2.07 billion.
Aerojet Rocketdyne shares have declined almost 2% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $51.98, a decline of 3% in the last 12 months.