Renewable ingredient systems manufacturer Penford Corp. (PENX: Quote), Monday, reported a lower loss for the second quarter as revenues rose 16 percent.
The Centennial, Colorado-based company reported a second-quarter net loss of $0.3 million or $0.03 per share, much lower than a net loss of $1.6 million or $0.13 per share last year.
Total revenues for the quarter grew 16 percent to $86.2 million from $74.3 million in the prior-year quarter.
by RTT Staff Writer
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