ZURICH (AP) _ ABB Ltd. (ABB) on Thursday reported fourth-quarter net income of $393 million.
On a per-share basis, the Zurich-based company said it had net income of 18 cents. Earnings, adjusted for one-time gains and costs, came to 33 cents per share.
The industrial automation company posted revenue of $9.28 billion in the period.
For the year, the company reported profit of $2.21 billion, or $1.03 per share. Revenue was reported as $34.31 billion.
ABB shares have declined 2.5 percent since the beginning of the year.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ABB at https://www.zacks.com/ap/ABB