NEW YORK (AP) _ Fluent, Inc. (FLNT) on Wednesday reported fourth-quarter net income of $1.6 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the New York-based company said it had net income of 2 cents. Earnings, adjusted for stock option expense and asset impairment costs, were 8 cents per share.
The data and analytics company posted revenue of $70.8 million in the period.
For the year, the company reported that its loss narrowed to $17.9 million, or 23 cents per share. Revenue was reported as $250.3 million.
For the current quarter ending in April, Fluent said it expects revenue in the range of $65.5 million to $66.5 million.
The company expects full-year revenue in the range of $285 million to $293 million.
Fluent shares have risen 64 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.90, a rise of 97 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 FLNT at https://www.zacks.com/ap/FLNT