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SAO PAULO SP, Brazil (AP) — SAO PAULO SP, Brazil (AP) — Gerdau SA (GGB) on Wednesday reported earnings of $55.3 million in its fourth quarter.

The Sao Paulo Sp, Brazil-based company said it had net income of 3 cents per share. Earnings, adjusted for non-recurring costs, were 6 cents per share.

The steel producer posted revenue of $2.88 billion in the period.

For the year, the company reported profit of $852.9 million, or 40 cents per share. Revenue was reported as $12.43 billion.

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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 GGB at https://www.zacks.com/ap/GGB