MINNEAPOLIS (AP) _ SPS Commerce Inc. (SPSC) on Tuesday reported a fourth-quarter loss of $9.1 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Minneapolis-based company said it had a loss of 53 cents. Earnings, adjusted for pretax expenses and stock option expense, were 25 cents per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.
The provider of supply chain software services to businesses posted revenue of $58.2 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $57.5 million.
For the year, the company reported a loss of $2.4 million, or 14 cents per share, swinging to a loss in the period. Revenue was reported as $220.6 million.
For the current quarter ending in April, SPS Commerce expects its per-share earnings to range from 30 cents to 32 cents.
The company said it expects revenue in the range of $57.4 million to $58.1 million for the fiscal first quarter.
SPS Commerce expects full-year earnings in the range of $1.32 to $1.36 per share, with revenue ranging from $241 million to $244 million.
SPS Commerce shares have increased roughly 4 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $50.40, a fall of 24 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 SPSC at https://www.zacks.com/ap/SPSC