North American Energy Partners posts 4Q profit

Associated Press |

ACHESON, Alberta (AP) _ North American Energy Partners Inc. (NOA) on Tuesday reported fourth-quarter net income of $1.9 million, after reporting a loss in the same period a year earlier.

The Acheson, Alberta-based company said it had profit of 7 cents per share.

The heavy construction and mining services company posted revenue of $64.6 million in the period.

For the year, the company reported net income of $4.1 million, or 14 cents per share, swinging to a profit in the period. Revenue was reported as $225.6 million.

In the final minutes of trading on Tuesday, the company's shares hit $4.55. A year ago, they were trading at $5.55.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOA at https://www.zacks.com/ap/NOA

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