MGP INGREDIENTS INC (MGPI) announced a profit for its second quarter that increased from last year
The company's earnings totaled $37 million, or $0.49 per share. This compares with $34 million, or $0.43 per share, last year.
Excluding items, MGP INGREDIENTS INC reported adjusted earnings of $49 million or $0.64 per share for the period.
The company's revenue for the period rose 12.7% to $426 million from $378 million last year.
MGP INGREDIENTS INC earnings at a glance (GAAP) :
-Earnings: $37 Mln. vs. $34 Mln. last year.
-EPS: $0.49 vs. $0.43 last year.
-Revenue: $426 Mln vs. $378 Mln last year.
-Guidance:
Full year revenue guidance: $2.03 - $2.05 Bln
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