U.S. Markets closed

NCI misses 4Q revenue forecasts

RESTON, Va. (AP) _ NCI Inc. (NCIT) on Friday reported fourth-quarter net income of $1.1 million.

The Reston, Virginia-based company said it had net income of 8 cents per share. Earnings, adjusted for non-recurring costs, came to 23 cents per share.

The government contractor posted revenue of $77.5 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $77.6 million.

For the year, the company reported profit of $9.5 million, or 69 cents per share. Revenue was reported as $322.4 million.

NCI shares have climbed almost 8 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $15.05, an increase of slightly more than 7 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 NCIT at https://www.zacks.com/ap/NCIT


Keywords: NCI, Earnings Report