MONTVALE, N.J. (AP) — MONTVALE, N.J. (AP) — Balchem Corp. (BCPC) on Tuesday reported third-quarter profit of $40.3 million.
The Montvale, New Jersey-based company said it had net income of $1.24 per share. Earnings, adjusted for one-time gains and costs, came to $1.35 per share.
The chemical company posted revenue of $267.6 million in the period.
Blachem shares have declined 7.5% since the beginning of the year. The stock has fallen 12% in the last 12 months.
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