EDEN PRAIRIE, Minn. (AP) _ Evine Live Inc. (EVLV) on Wednesday reported fiscal fourth-quarter profit of $6.4 million.
On a per-share basis, the Eden Prairie, Minnesota-based company said it had net income of 10 cents.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 10 cents per share.
The home shopping company posted revenue of $192.7 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $202.2 million.
For the year, the company reported net income of $143,000, swinging to a profit in the period. Revenue was reported as $648.2 million.
The company's shares closed at $1.25. A year ago, they were trading at $1.33.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EVLV at https://www.zacks.com/ap/EVLV