SAN JOSE, Calif. (AP) _ Arlo Technologies Inc. (ARLO) on Monday reported fourth-quarter net income of $19.6 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the San Jose, California-based company said it had profit of 26 cents. Losses, adjusted for non-recurring gains, came to 26 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 31 cents per share.

The maker of smart connected devices posted revenue of $122.4 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $121.1 million.

For the year, the company reported that its loss widened to $86 million, or $1.14 per share. Revenue was reported as $370 million.

Arlo Technologies expects full-year revenue in the range of $370 million to $400 million.

In the final minutes of trading on Monday, the company's shares hit $3.31. A year ago, they were trading at $3.99.

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

Automated Insights, source Associated Press News