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NEWPORT BEACH, Calif. (AP) — NEWPORT BEACH, Calif. (AP) — American Vanguard Corp. (AVD) on Thursday reported fourth-quarter profit of $7 million.
The Newport Beach, California-based company said it had net income of 25 cents per share.
The agricultural products company posted revenue of $172.2 million in the period.
For the year, the company reported profit of $7.5 million, or 26 cents per share. Revenue was reported as $579.4 million.
American Vanguard shares have decreased 3.5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $10.59, a drop of 50% in the last 12 months.
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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 AVD at https://www.zacks.com/ap/AVD