Pampa posts 4Q profit

BUENOS AIRES, Argentina (AP) _ Pampa Energia SA (PAM) on Monday reported fourth-quarter profit of $78.7 million.

The Buenos Aires, Argentina-based company said it had net income of $1.01 per share. Earnings, adjusted to account for discontinued operations, were $1.38 per share.

The electricity company posted revenue of $727.4 million in the period.

For the year, the company reported net income of $279.2 million, or $3.54 per share, swinging to a profit in the period. Revenue was reported as $3.05 billion.

Pampa shares have decreased almost 6 percent since the beginning of the year. The stock has risen 37 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 PAM at https://www.zacks.com/ap/PAM