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PARSIPPANY, N.J. (AP) — PARSIPPANY, N.J. (AP) — AdvanSix Inc. (ASIX) on Friday reported first-quarter net income of $23.3 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Parsippany, New Jersey-based company said it had net income of 86 cents. Earnings, adjusted for one-time gains and costs, came to 93 cents per share.
The polymer resins producer posted revenue of $377.8 million in the period.
AdvanSix shares have declined 25% since the beginning of the year. The stock has dropped 17% in the last 12 months.
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