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ZURICH (AP) — ZURICH (AP) — ABB Ltd. (ABBNY) on Thursday reported fourth-quarter profit of $987 million.

On a per-share basis, the Zurich-based company said it had net income of 53 cents. Earnings, adjusted to account for discontinued operations, were 54 cents per share.

The industrial automation company posted revenue of $8.59 billion in the period.

For the year, the company reported profit of $3.94 billion, or $2.13 per share. Revenue was reported as $32.85 billion.

ABB shares have risen slightly more than 4% since the beginning of the year.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ABBNY at https://www.zacks.com/ap/ABBNY