NEWPORT BEACH, Calif. (AP) — NEWPORT BEACH, Calif. (AP) — American Vanguard Corp. (AVD) on Thursday reported first-quarter net income of $1.6 million.
The Newport Beach, California-based company said it had profit of 6 cents per share. Earnings, adjusted for non-recurring costs, were 9 cents per share.
The agricultural products company posted revenue of $135.1 million in the period.
American Vanguard shares have increased 15% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $12.64, a drop of 32% in the last 12 months.
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