Alico (ALCO) Reports Q2 EPS of $0.76
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Alico, Inc. Announces Second Quarter and Six Months of Fiscal Year 2015 Financial Results
May 11, 2015 5:05 PM EDTFORT MYERS, Fla., May 11, 2015 (GLOBE NEWSWIRE) -- Alico, Inc. (Alico) (Nasdaq: ALCO), an agribusiness and natural resources company, today announced financial results for the second quarter and six months ended March 31, 2015. Net income applicable to common stock for the second quarter of fiscal 2015 was $2.8 million, or $0.34 per basic and diluted share, compared to net income of $4.7 million, or $0.64 per basic and diluted share, in the second quarter of fiscal 2014. Adjusted EBITDA, excluding non-recurring income and expense items, was $15.7 million for the second quarter of fiscal 2015 compared to $10.8 million for the second quarter of fiscal 2014.
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