SCOTTSDALE, Ariz. (AP) _ TPI Composites Inc. (TPIC) on Thursday reported fourth-quarter net income of $5.2 million, after reporting a loss in the same period a year earlier.

The Scottsdale, Arizona-based company said it had profit of 14 cents per share. Earnings, adjusted for non-recurring costs, were 27 cents per share.

The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 27 cents per share.

The maker of composite wind blades posted revenue of $465.6 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $451.1 million.

For the year, the company reported that its loss widened to $19 million, or 54 cents per share. Revenue was reported as $1.67 billion.

TPI Composites shares have increased 16% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $61.14, more than doubling 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 TPIC at https://www.zacks.com/ap/TPIC

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