Alliance One Int'l (AOI) Reports Q3 Revenues of 477.8M
Alliance One Int'l (NYSE: AOI) reported Q3 EPS of $. Revenue for the quarter came in at $477.8 million.
- Total sales and other operating revenues increased 5.1% to $477.8 million primarily due to the larger South American crop and a 4.9% increase in average sales prices due to product mix.
- Gross profit increased 12.8% to $73.5 million and gross profit as a percentage of sales improved to 15.4% from 14.3% last year.
- Net income was $88.5 million, including a net tax benefit of $73.3 million with $59.4 million associated with estimated discrete net tax benefits related to the new tax law enacted in December, and Adjusted EBITDA improved 12.1% to $57.0 million.
For earnings history and earnings-related data on Alliance One Int'l (AOI) click here.