Blachem: 4Q Earnings Snapshot
NEW HAMPTON, N.Y. (AP) _ Balchem Corp. (BCPC) on Friday reported fourth-quarter profit of $20.4 million.
The New Hampton, New York-based company said it had net income of 63 cents per share. Earnings, adjusted for one-time gains and costs, were 88 cents per share.
The chemical company posted revenue of $166.5 million in the period.
For the year, the company reported profit of $79.7 million, or $2.45 per share. Revenue was nearly unchanged at $643.7 million.
Blachem shares have risen 10% since the beginning of the year. The stock has climbed 27% in the last 12 months.