HOBOKEN, N.J. (AP) — HOBOKEN, N.J. (AP) — The Hain Celestial Group Inc. (HAIN) on Thursday reported a loss of $19.7 million in its fiscal first quarter.
On a per-share basis, the Hoboken, New Jersey-based company said it had a loss of 22 cents. Losses, adjusted for non-recurring costs, came to 4 cents per share.
The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The organic and natural products company posted revenue of $394.6 million in the period, exceeding Street forecasts. Seven analysts surveyed by Zacks expected $393.2 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HAIN at https://www.zacks.com/ap/HAIN
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