Inrange Technologies ( INRG) said it had a fourth-quarter loss of $10.3 million, or 12 cents a share, compared with net income of $7.4 million, or 9 cents a share, in the year ago quarter.

Excluding special charges for restructuring, asset impairment and amortization of goodwill, the company earned $2.2 million, or 3 cents a share, compared with earnings of $7.6 million, or 9 cents a share, a year ago.

Revenue for the quarter rose to $72.5 million from $71.1 million in the year ago period.

For 2002, the company forecast earnings before special items of 12 cents a share on revenue of $285 million. For the first quarter, the company said it was comfortable with Wall Street analysts' estimates of break-even results.

Shares of Inrange closed at $12.10 Monday.