MIAMI (AP) _ Vector Group Ltd. (VGR) on Monday reported second-quarter profit of $17.8 million.
On a per-share basis, the Miami-based company said it had net income of 12 cents. Earnings, adjusted for non-recurring costs, were 19 cents per share.
The discount cigarette maker posted revenue of $481.5 million in the period.
Vector shares have fallen 17 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $18.47, a drop of slightly more than 6 percent in the last 12 months.