DULUTH, Ga. (AP) — DULUTH, Ga. (AP) — National Vision Holdings Inc. (EYE) on Tuesday reported a loss of $16 million in its fourth quarter.

The Duluth, Georgia-based company said it had a loss of 20 cents per share. Losses, adjusted for one-time gains and costs, came to 2 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.

The discount optical retailer and eye care provider posted revenue of $506.4 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $499.4 million.

For the year, the company reported a loss of $65.9 million, or 84 cents per share. Revenue was reported as $2.13 billion.

National Vision expects full-year earnings in the range of 50 cents to 65 cents per share, with revenue in the range of $1.97 billion to $2.01 billion.

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