TEANECK, N.J. (AP) _ Phibro Animal Health Corp. (PAHC) on Monday reported fiscal first-quarter profit of $2.5 million.
The Teaneck, New Jersey-based company said it had profit of 6 cents per share. Earnings, adjusted for non-recurring costs, were 19 cents per share.
The maker of animal health products and nutritional supplements posted revenue of $189.7 million in the period.
Phibro shares have dropped 25% since the beginning of the year. In the final minutes of trading on Monday, shares hit $24.06, a decline of 43% in the last 12 months.