VANCOUVER, British Columbia (AP) _ CounterPath Corp. (CPAH) on Monday reported fiscal fourth-quarter net income of $900,000, after reporting a loss in the same period a year earlier.
On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 13 cents. Earnings, adjusted for non-recurring gains, came to 11 cents per share.
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The business telecommunications company posted revenue of $4 million in the period.
For the year, the company reported that its loss narrowed to $1.1 million, or 18 cents per share. Revenue was reported as $12.1 million.
CounterPath shares have increased fivefold since the beginning of the year. The stock has more than tripled in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPAH at https://www.zacks.com/ap/CPAH
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