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Farmer Brothers: Fiscal 1Q Earnings Snapshot

·1 min read

NORTHLAKE, Texas (AP) _ Farmer Brothers Co. (FARM) on Thursday reported a fiscal first-quarter loss of $6.3 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Northlake, Texas-based company said it had a loss of 37 cents. Losses, adjusted for non-recurring costs, were 4 cents per share.

The coffee and tea company posted revenue of $97.3 million in the period.

In the final minutes of trading on Thursday, the company's shares hit $4.13. A year ago, they were trading at $13.73.

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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 FARM at https://www.zacks.com/ap/FARM