LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Turning Point Brands, Inc. (TPB) on Monday reported profit of $8.2 million in its fourth quarter.
On a per-share basis, the Louisville, Kentucky-based company said it had net income of 42 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 95 cents per share.
The company posted revenue of $121 million in the period.
For the year, the company reported profit of $58.2 million, or $3.11 per share. Revenue was reported as $463.1 million.
Turning Point Brands expects full-year revenue in the range of $180 million to $190 million.
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