NEWPORT BEACH, Calif. (AP) — NEWPORT BEACH, Calif. (AP) — American Vanguard Corp. (AVD) on Friday reported a first-quarter loss of $8.5 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Newport Beach, California-based company said it had a loss of 30 cents. Losses, adjusted for non-recurring costs, came to 24 cents per share.
The agricultural products company posted revenue of $115.8 million in the period.
The company’s shares closed at $4.86. A year ago, they were trading at $8.75.
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