MONTREAL (AP) _ DavidsTea Inc. (DTEA) on Wednesday reported fiscal fourth-quarter profit of $1.5 million.
The Montreal-based company said it had net income of 6 cents per share. Earnings, adjusted for one-time gains and costs, came to 31 cents per share.
The beverage company posted revenue of $64.7 million in the period.
For the year, the company reported that its loss narrowed to $2.8 million, or 11 cents per share. Revenue was reported as $164 million.
DavidsTea shares have climbed 10 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.55, a decline of 36 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 DTEA at https://www.zacks.com/ap/DTEA
Keywords: DavidsTea, Earnings Report
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