ATCHISON, Kan. (AP) — ATCHISON, Kan. (AP) — MGP Ingredients Inc. (MGPI) on Wednesday reported earnings of $12 million in its second quarter.
The Atchison, Kansas-based company said it had net income of 55 cents per share. Earnings, adjusted for non-recurring costs, came to 72 cents per share.
The producer of distillery and ingredients products used by the packaged goods industry posted revenue of $124.4 million in the period.
MGP expects full-year earnings in the range of $1.50 to $1.80 per share, with revenue in the range of $480 million to $500 million.
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