American Vanguard Corp. (AVD) Tops Q1 EPS by 4c
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American Vanguard Reports First Quarter 2016 Results
May 3, 2016 4:05 PM EDTNEWPORT BEACH, Calif.--(BUSINESS WIRE)-- American Vanguard Corporation (NYSE: AVD), today announced financial results for the quarter ended March 31, 2016.
Financial Highlights Fiscal 2016 First Quarter versus Fiscal 2015 First Quarter
Net sales of $69.5 million, compared with $66.6 million.
Net income of $2.79 million, compared with $0.05 million.
Earnings per diluted share of $0.10, compared with $0.00.
Eric Wintemute, Chairman & CEO of American Vanguard commented: Net sales increased during the period, led by our expanding international business. We achieved significantly better earnings in the quarter as a result of increased sales and focused management discipline regarding... More
