February 4, 2010 / 10:25 PM / 9 years ago

UPDATE 1-Shutterfly Q4 tops St, sees Q1 loss narrower than view

* Q4 EPS $0.88 vs $0.56 yr ago

* Sees Q1 loss $0.12-$0.15 vs est. $0.16

* Shares up 9 pct after the bell

Feb 4 (Reuters) - Photo-sharing service Shutterfly’s (SFLY.O) quarterly profit rose, helped partly by higher revenue from personalized products & services, and it forecast a narrower-than-expected first-quarter loss, sending its shares up 9 percent after the bell.

Fourth-quarter net income rose to $24.1 million, or 88 cents per share, from $14.4 million, or 56 cents per share, a year ago.

Revenue rose 22 percent to $131.1 million.

Personalized products & services revenue, which made 71 percent of total revenue, rose 29 percent to $93.2 million.

Analysts expected earnings of 70 cents a share, excluding items, on revenue of $113.76 million, according to Thomson Reuters I/B/E/S.

For the first quarter, the company said it expects to post a net loss of 12 cents to 15 cents per share, excluding items, on revenue of $40 million to $42 million.

Analysts are looking at a loss of 16 cents per share, excluding items, on revenue of $39.52 million, according to Thomson Reuters I/B/E/S.

Shares of the company, were trading up 9 percent at $17.40 after the bell. They closed at $16.02 Thursday on Nasdaq. (Reporting by Mansi Dutta in Bangalore; Editing by Jarshad Kakkrakandy)

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