NEWPORT BEACH, Calif. (AP) — NEWPORT BEACH, Calif. (AP) — American Vanguard Corp. (AVD) on Monday reported a loss of $25.7 million in its third quarter.
The Newport Beach, California-based company said it had a loss of 92 cents per share. Losses, adjusted for non-recurring costs, came to 69 cents per share.
The agricultural products company posted revenue of $118.3 million in the period.
American Vanguard shares have dropped 48% since the beginning of the year. In the final minutes of trading on Monday, shares hit $5.66, a drop of 42% in the last 12 months.
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