PHILADELPHIA (AP) _ AgroFresh Solutions Inc. (AGFS) on Thursday reported a loss of $29.2 million in its fourth quarter.
The Philadelphia-based company said it had a loss of 60 cents per share. Earnings, adjusted for amortization costs and asset impairment costs, came to 15 cents per share.
The specialty chemicals company posted revenue of $61 million in the period.
For the year, the company reported that its loss widened to $60.8 million, or $1.21 per share. Revenue was reported as $170.1 million.
In the final minutes of trading on Thursday, the company's shares hit $1.47. A year ago, they were trading at $4.01.