Phibro: Fiscal 2Q Earnings Snapshot
TEANECK, N.J. (AP) _ Phibro Animal Health Corp. (PAHC) on Monday reported fiscal second-quarter earnings of $11.9 million.
The Teaneck, New Jersey-based company said it had profit of 29 cents per share. Earnings, adjusted for non-recurring costs, came to 34 cents per share.
The maker of animal health products and nutritional supplements posted revenue of $214 million in the period.
Phibro expects full-year earnings in the range of $1.15 to $1.22 per share, with revenue in the range of $812 million to $828 million.
Phibro shares have dropped slightly more than 4% since the beginning of the year. In the final minutes of trading on Monday, shares hit $23.74, a fall of 25% in the last 12 months.