MAUMEE, Ohio (AP) _ The Andersons Inc. (ANDE) on Tuesday reported second-quarter net income of $29.9 million.
The Maumee, Ohio-based company said it had net income of 91 cents per share. Earnings, adjusted for one-time gains and costs, were 98 cents per share.
The agriculture company posted revenue of $2.33 billion in the period.
Andersons shares have dropped 18% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $24.65, a decrease of 30% in the last 12 months.