ATLANTA (AP) _ Invesco Mortgage Capital Inc. (IVR) on Wednesday reported fourth-quarter net income of $118 million, after reporting a loss in the same period a year earlier.

The Atlanta-based company said it had profit of 75 cents per share. Earnings, adjusted for non-recurring gains, were 52 cents per share.

The real estate investment trust posted revenue of $237.2 million in the period. Its adjusted revenue was $130.4 million.

For the year, the company reported net income of $364.1 million, or $2.42 per share, swinging to a profit in the period. Revenue was reported as $410.3 million.

Invesco Mortgage Capital shares have climbed roughly 9% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $18.12, a climb of 13% 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 IVR at https://www.zacks.com/ap/IVR

Automated Insights, source Associated Press News