Emcore posts 4Q profit

ALHAMBRA, Calif. (AP) _ Emcore Corp. (EMKR) on Tuesday reported fiscal fourth-quarter profit of $2.2 million.

On a per-share basis, the Alhambra, California-based company said it had profit of 8 cents. Earnings, adjusted for one-time gains and costs, were 12 cents per share.

The maker of components for communications gear and solar panels posted revenue of $29.2 million in the period.

For the year, the company reported profit of $8.2 million, or 30 cents per share. Revenue was reported as $122.9 million.

Emcore shares have decreased 15 percent since the beginning of the year. The stock has increased 19 percent 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 EMKR at https://www.zacks.com/ap/EMKR