TEANECK, N.J. (AP) _ Phibro Animal Health Corp. (PAHC) on Wednesday reported fiscal first-quarter net income of $12.3 million.
The Teaneck, New Jersey-based company said it had net income of 30 cents per share. Earnings, adjusted for non-recurring gains, came to 27 cents per share.
The maker of animal health products and nutritional supplements posted revenue of $195.2 million in the period.
For the current quarter ending in January, Phibro expects its per-share earnings to be 28 cents.
The company said it expects revenue in the range of $205 million for the fiscal second quarter.
Phibro shares have decreased 30% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $17.43, a fall of 28% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAHC at https://www.zacks.com/ap/PAHC
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