AP NEWS

Seneca Foods: Fiscal 4Q Earnings Snapshot

June 13, 2019

MARION, N.Y. (AP) _ Seneca Foods Corp. (SENEA) on Thursday reported a loss of $8.6 million in its fiscal fourth quarter.

On a per-share basis, the Marion, New York-based company said it had a loss of 90 cents. Losses, adjusted for one-time gains and costs, were 14 cents per share.

The fruit and vegetable company posted revenue of $262.6 million in the period.

For the year, the company reported net income of $5.7 million, or 59 cents per share, swinging to a profit in the period. Revenue was reported as $1.2 billion.

Seneca Foods shares have declined 7.5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $26.09, a fall of 3% 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 SENEA at https://www.zacks.com/ap/SENEA

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