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PARSIPPANY, N.J. (AP) — PARSIPPANY, N.J. (AP) — AdvanSix Inc. (ASIX) on Friday reported fourth-quarter net income of $352,000, after reporting a loss in the same period a year earlier.
The Parsippany, New Jersey-based company said it had net income of 1 cent per share. Earnings, adjusted for one-time gains and costs, came to 9 cents per share.
The polymer resins producer posted revenue of $329.1 million in the period.
For the year, the company reported profit of $44.1 million, or $1.62 per share. Revenue was reported as $1.52 billion.
AdvanSix shares have risen roughly 3% since the beginning of the year. The stock has risen 6% in the last 12 months.
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