Alliance One Int'l (AOI) Reports Q1 Loss of $0.08

Alliance One Int'l (NYSE: AOI) reported Q1 EPS of ($0.08). Revenue for the quarter came in at $291 million.

Highlights

• Total sales and other operating revenues increased 5.1% to $291.0 million as crops in South America and other origins returned to a more normalized cycle when compared to the same period last fiscal year.
• Gross profit increased 44.8% to $41.4 million, and gross profit as a percentage of sales also improved to 14.2% this year compared to 10.3% last year.
• Operating income increased $5.3 million to $4.7 million.
• Net loss attributable to Alliance One International, Inc. for the quarter improved to $0.8 million compared to $32.5 million last year and adjusted EBITDA improved 93.7% to $19.4 million.

For earnings history and earnings-related data on Alliance One Int'l (AOI) click here.

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