Solera Adj. Profit Tops Estimates; Stock Up 6%

(RTTNews) - Solera Holdings Inc (SLH), a provider of software to the automotive and property marketplace, on Monday reported fourth-quarter net loss of $146.8 million or $2.19 per share compared with a profit of $8.8 million or $0.13 per share last year.

Excluding one-time items, adjusted earnings for the quarter were $0.81 per share compared with $0.70 per share a year ago.

Revenues for the quarter were up at $297.1 million compared with $267.9 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.80 per share on revenues of $288.9 million for the quarter. Analysts' estimates typically exclude special items.

The company said its board approved the payment of a quarterly cash dividend of $0.225 per share.