SANTA PAULA, Calif. (AP) _ Limoneira Co. (LMNR) on Wednesday reported a loss of $6.4 million in its fiscal first quarter.
The Santa Paula, California-based company said it had a loss of 37 cents per share. Losses, adjusted for non-recurring costs, came to 30 cents per share.
The agribusiness company posted revenue of $41.7 million in the period.
Limoneira shares have declined 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $15.15, a decline of 34% in the last 12 months.