Guidance Software reports 4Q loss

Guidance Software reports fourth-quarter loss of $1.6 million

PASADENA, Calif. (AP) _ Guidance Software Inc. (GUID) on Monday reported a loss of $1.6 million in its fourth quarter.

On a per-share basis, the Pasadena, California-based company said it had a loss of 6 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 9 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.

The maker of software to help with forensics and investigations posted revenue of $29.5 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $28.7 million.

For the year, the company reported that its loss widened to $20.7 million, or 72 cents per share. Revenue was reported as $110.5 million.

Guidance Software expects full-year revenue in the range of $112 million to $118 million.

Guidance Software shares have increased slightly more than 1 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $7.17, a climb of 70 percent 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 GUID at https://www.zacks.com/ap/GUID

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Keywords: Guidance Software, Earnings Report

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