Exa Corp. (EXA) reported that its fourth-quarter GAAP net loss was $340,000 or $0.03 per share, compared to GAAP net income of $11.9 million or $1.14 per share in the comparable quarter last year.
Non-GAAP net loss for the latest fourth quarter was $141,000 or $0.01 per share, compared to non-GAAP net income of $12.1 million or $1.16 per share in the year-ago period.
Total revenues for the quarter was $13.13 million, up from $13.21 million in the previous year period.
On average, four analysts polled by Thomson Reuters expected the company to report earnings of $0.03 per share on revenues of $13.32 million for the quarter. Analysts' estimates typically exclude special items.
For the first-quarter, GAAP net loss is expected to be in the range of $0.07 to $0.09 million, Non-GAAP net loss in the range of $0.4 million to $0.6 million and total revenue is expected to be in the range of $12.1 million to $12.5 million.
Analysts expect the company to report earnings of $0.03 per share on revenues of $12.22 million for the first-quarter.
Looking ahead for full year fiscal 2014, the company expects GAAP results to range between a loss of $0.3 million and profit of $0.5 million, Non-GAAP net income to be in the range of $0.7 million to $1.5 million and total revenue is expected to be in the range of $55.0 million to $58.0 million.
Analysts expect the company to report earnings of $0.24 per share on revenues of $56.50 million for fiscal 2014.
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