Points International posts 4Q profit

TORONTO (AP) _ Points International Ltd. (PCOM) on Thursday reported fourth-quarter net income of $1.2 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Toronto-based company said it had net income of 8 cents.

The provider of technology for loyalty programs posted revenue of $87.7 million in the period.

For the year, the company reported net income of $3.4 million, or 23 cents per share, swinging to a profit in the period. Revenue was reported as $347.5 million.

Points International shares have dropped slightly since the beginning of the year. In the final minutes of trading on Thursday, shares hit $10.28, an increase of 35 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 PCOM at https://www.zacks.com/ap/PCOM