LAS VEGAS (AP) _ Switch Inc. (SWCH) on Thursday reported fourth-quarter profit of $4 million.
On a per-share basis, the Las Vegas-based company said it had net income of 4 cents.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The data center operator posted revenue of $120.5 million in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $119.5 million.
For the year, the company reported profit of $8.9 million, or 11 cents per share. Revenue was reported as $462.3 million.
Switch expects full-year revenue in the range of $507 million to $521 million.
Switch shares have climbed nearly 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $16.11, a rise of 81% in the last 12 months.