Phibro: Fiscal 1Q Earnings Snapshot
TEANECK, N.J. (AP) _ Phibro Animal Health Corp. (PAHC) on Tuesday reported fiscal first-quarter earnings of $16.3 million.
The Teaneck, New Jersey-based company said it had net income of 40 cents per share. Earnings, adjusted for non-recurring gains, were 39 cents per share.
The maker of animal health products and nutritional supplements posted revenue of $200.2 million in the period.
Phibro expects full-year earnings in the range of $1.68 to $1.72 per share.
Phibro shares have climbed 26 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $42.18, a rise of 11 percent in the last 12 months.