MORRISVILLE, N.C. (AP) _ Pyxus International Inc. (PYX) on Thursday reported a loss of $16.5 million in its fiscal second quarter.
The Morrisville, North Carolina-based company said it had a loss of $1.81 per share.
The tobacco company posted revenue of $383 million in the period.
Pyxus expects full-year revenue in the range of $1.75 billion to $1.85 billion.
Pyxus shares have decreased 22% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.23, a drop of 63% in the last 12 months.