PARAMUS, N.J. (AP) — PARAMUS, N.J. (AP) — Movado Group Inc. (MOV) on Tuesday reported earnings of $12.1 million in its fiscal fourth quarter.

On a per-share basis, the Paramus, New Jersey-based company said it had net income of 53 cents. Earnings, adjusted for non-recurring costs, were 55 cents per share.

The watchmaker posted revenue of $179.6 million in the period.

For the year, the company reported profit of $46.7 million, or $2.06 per share. Revenue was reported as $672.6 million.

Movado expects full-year earnings to be $1.20 to $1.30 per share, with revenue in the range of $700 million to $710 million.

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