NEW YORK (AP) _ Minerals Technologies Inc. (MTX) on Thursday reported first-quarter earnings of $38.6 million.
The New York-based company said it had net income of $1.12 per share. Earnings, adjusted for non-recurring costs, came to $1.13 per share.
The maker of mineral, mineral-based and synthetic mineral products posted revenue of $417.5 million in the period.
Minerals Technologies shares have decreased 24% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $44.08, a decrease of 30% in the last 12 months.