CORNING, N.Y. (AP) _ Corning Inc. (GLW) on Tuesday reported a fourth-quarter loss of $36 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Corning, New York-based company said it had a loss of 4 cents. Earnings, adjusted for non-recurring costs and restructuring costs, were 47 cents per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.

The specialty glass maker posted revenue of $3.41 billion in the period. Its adjusted revenue was $3.63 billion, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $3.55 billion.

For the year, the company reported profit of $1.32 billion, or $1.54 per share. Revenue was reported as $14.81 billion.

For the current quarter ending in March, Corning said it expects revenue in the range of $3.2 billion to $3.4 billion. Analysts surveyed by Zacks had expected revenue of $3.75 billion.

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

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