NOVATO, Calif. (AP) _ Willis Lease Finance Corp. (WLFC) on Friday reported fourth-quarter net income of $2.7 million.
On a per-share basis, the Novato, California-based company said it had net income of 39 cents. Earnings, adjusted for non-recurring costs, were 76 cents per share.
The jet engine lessor posted revenue of $55.5 million in the period.
For the year, the company reported profit of $14.1 million, or $2.05 per share. Revenue was reported as $207.3 million.
Willis Lease shares have risen slightly more than 1 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $25.90, a rise of 26 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 WLFC at https://www.zacks.com/ap/WLFC
Keywords: Willis Lease Finance, Earnings Report